The estimated Net Worth of Timothy R Pestotnik is at least $188 Tisíc dollars as of 23 October 2021. Mr. Pestotnik owns over 67 units of Amcon Distributing stock worth over $188,135 and over the last 17 years he sold DIT stock worth over $0. In addition, he makes $0 as Lead Independent Director at Amcon Distributing.
Timothy has made over 3 trades of the Amcon Distributing stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 67 units of DIT stock worth $9,578 on 23 October 2021.
The largest trade he's ever made was exercising 67 units of Amcon Distributing stock on 23 October 2021 worth over $9,578. On average, Timothy trades about 20 units every 73 days since 2008. As of 23 October 2021 he still owns at least 1,316 units of Amcon Distributing stock.
You can see the complete history of Mr. Pestotnik stock trades at the bottom of the page.
Timothy R. Pestotnik serves as Lead Independent Director of the Company. He is an attorney and a partner in the law firm of Pestotnik LLP. Prior to this, he was a partner and chair of the business litigation department at the law firm of Luce, Forward, Hamilton & Scripps, LLP. Mr. Pestotnik also serves as a director of AMCON Corporation and Premier-Midwest Beverage Company. Mr. Pestotnik also sits on the boards of non-profit organizations and has testified as an expert witness on related corporate governance issues. His sophisticated legal practice has benefited our board in a variety of matters, including corporate governance, financial disclosure and regulatory oversight. These factors together with his familiarity with our company resulting from numerous years of service on our board led to the conclusion that he should serve on our board.
Timothy Pestotnik is 59, he's been the Lead Independent Director of Amcon Distributing since 2011. There are 3 older and 6 younger executives at Amcon Distributing. The oldest executive at Amcon Distributing Company is Raymond Bentele, 82, who is the Independent Director.
Timothy's mailing address filed with the SEC is 1287 TRIESTE DRIVE, , SAN DIEGO, CA, 92107.
Over the last 23 years, insiders at Amcon Distributing have traded over $7,430,652 worth of Amcon Distributing stock and bought 193,682 units worth $4,461,326 . The most active insiders traders include William F Wright, Christopher H Atayan a Raymond F Bentele. On average, Amcon Distributing executives and independent directors trade stock every 101 days with the average trade being worth of $865,337. The most recent stock trade was executed by Charles J. Schmaderer on 27 October 2023, trading 167 units of DIT stock currently worth $23,874.
amcon distributing company, together with its wholly-owned subsidiaries (collectively “amcon”), is primarily engaged in the wholesale distribution of consumer products including cigarettes and tobacco products, candy and other confectionery, beverages, food service, groceries, paper products, automotive and health and beauty care products. in addition, the company operates fourteen retail health food stores in florida and the midwest.
Amcon Distributing executives and other stock owners filed with the SEC include: