Last updated: 26 August 2024 at 8:18pm EST

Matthew Korenberg Net Worth




The estimated Net Worth of Matthew E Korenberg is at least $19.6 Million dollars as of 22 August 2024. Mr. Korenberg owns over 18,858 units of Ligand Pharmaceuticals stock worth over $5,103,986 and over the last 9 years he sold LGND stock worth over $10,926,857. In addition, he makes $3,571,200 as Chief Financial Officer and Executive Vice President - Finance at Ligand Pharmaceuticals.

Mr. Korenberg LGND stock SEC Form 4 insiders trading

Matthew has made over 6 trades of the Ligand Pharmaceuticals stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 18,858 units of LGND stock worth $1,986,502 on 22 August 2024.

The largest trade he's ever made was selling 18,858 units of Ligand Pharmaceuticals stock on 22 August 2024 worth over $1,986,502. On average, Matthew trades about 1,635 units every 50 days since 2015. As of 22 August 2024 he still owns at least 49,510 units of Ligand Pharmaceuticals stock.

You can see the complete history of Mr. Korenberg stock trades at the bottom of the page.





Matthew Korenberg biography

Matthew E. Korenberg serves as Chief Financial Officer, Executive Vice President - Finance of the Company. He was Vice President, Finance and Chief Financial Officer since August 2015. Prior to joining our company, commencing in September 2013, Mr. Korenberg was the founder, Chief Executive Officer and a director of NeuroCircuit Therapeutics, a company focused on developing drugs to treat genetic disorders of the brain with an initial focus on Down syndrome. Prior to founding NeuroCircuit Therapeutics, Mr. Korenberg was a Managing Director and member of the healthcare investment banking team at Goldman Sachs from July 1999 through August 2013. During his 14 year tenure at Goldman Sachs, Mr. Korenberg was focused on advising and financing companies in the biotechnology and pharmaceutical sectors and was based in New York, London and San Francisco. Prior to Goldman Sachs, Mr. Korenberg was a healthcare investment banker at Dillon, Read & Co. Inc. where he spent two years working with healthcare companies in the biotechnology and pharmaceutical sectors and industrial companies.

What is the salary of Matthew Korenberg?

As the Chief Financial Officer and Executive Vice President - Finance of Ligand Pharmaceuticals, the total compensation of Matthew Korenberg at Ligand Pharmaceuticals is $3,571,200. There are 2 executives at Ligand Pharmaceuticals getting paid more, with John Higgins having the highest compensation of $6,770,380.



How old is Matthew Korenberg?

Matthew Korenberg is 45, he's been the Chief Financial Officer and Executive Vice President - Finance of Ligand Pharmaceuticals since 2018. There are 17 older and no younger executives at Ligand Pharmaceuticals. The oldest executive at Ligand Pharmaceuticals, Inc. is John Lamattina, 70, who is the Independent Director.

What's Matthew Korenberg's mailing address?

Matthew's mailing address filed with the SEC is 555 HERITAGE DRIVE, SUITE 200, JUPITER, FL, 33458.

Insiders trading at Ligand Pharmaceuticals

Over the last 21 years, insiders at Ligand Pharmaceuticals have traded over $205,340,014 worth of Ligand Pharmaceuticals stock and bought 2,116,600 units worth $27,601,439 . The most active insiders traders include Partners L P/Ilbiotechnolog..., Partners L P/Ilbiotechnolog..., and Partners L P/Ilbiotechnolog.... On average, Ligand Pharmaceuticals executives and independent directors trade stock every 22 days with the average trade being worth of $2,239,733. The most recent stock trade was executed by Octavio Espinoza on 28 August 2024, trading 753 units of LGND stock currently worth $50,090.



What does Ligand Pharmaceuticals do?

ligand, a pharmaceutical company, is assembling a large and diverse portfolio of current and near-term commercial revenue generating assets to assist the long-term financial growth of the company. we operate this business on a lean cost structure that allows us to maximize cash flow and ultimately deliver a meaningful return for our shareholders.



What does Ligand Pharmaceuticals's logo look like?

Ligand Pharmaceuticals, Inc. logo

Complete history of Mr. Korenberg stock trades at Ligand Pharmaceuticals

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
22 Aug 2024 Matthew E Korenberg
President and COO
Sale 18,858 $105.34 $1,986,502
22 Aug 2024
49,510
9 Aug 2024 Matthew E Korenberg
President and COO
Sale 18,245 $98.50 $1,797,133
9 Aug 2024
68,368
13 May 2024 Matthew E Korenberg
President and COO
Sale 17,598 $84.99 $1,495,654
13 May 2024
86,263
3 Sep 2019 Matthew E Korenberg
President and COO
Buy 500 $86.18 $43,090
3 Sep 2019
17,151
29 Aug 2018 Matthew E Korenberg
President and COO
Sale 18,357 $256.69 $4,712,058
29 Aug 2018
6,742
17 Nov 2017 Matthew E Korenberg
President and COO
Sale 6,559 $142.63 $935,510
17 Nov 2017
8,147


Ligand Pharmaceuticals executives and stock owners

Ligand Pharmaceuticals executives and other stock owners filed with the SEC include: