The estimated Net Worth of Frank J Formica is at least $1.67 Million dollars as of 29 January 2021. Mr. Formica owns over 5,000 units of Petmed Express stock worth over $186,450 and over the last 20 years he sold PETS stock worth over $1,318,890. In addition, he makes $159,850 as Independent Director at Petmed Express.
Frank has made over 8 trades of the Petmed Express stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 5,000 units of PETS stock worth $192,950 on 29 January 2021.
The largest trade he's ever made was selling 10,000 units of Petmed Express stock on 16 November 2016 worth over $217,500. On average, Frank trades about 1,609 units every 86 days since 2004. As of 29 January 2021 he still owns at least 55,000 units of Petmed Express stock.
You can see the complete history of Mr. Formica stock trades at the bottom of the page.
Frank J. Formica J.D. serves as Independent Director of the Company. Since 1999, Mr. Formica has served as a legal consultant and expert in corporate securities and securities industry litigation and arbitration. From 1969 until 1999, Mr. Formica held various positions with the National Association of Securities Dealers (“NASD”), now known as the Financial Industry Regulatory Authority (“FINRA”), the self-regulatory organization responsible for the regulation of registered broker-dealers in the United States. His positions have included Vice President and Deputy General Counsel, Director of the NASD’s Corporate Financing Department and Director of the Congressional and State Liaison Department. Mr. Formica’s career began in 1969 with the NASD’s Office of General Counsel as an enforcement attorney handling broker/dealer administrative proceedings at the national level as well as drafting and interpreting NASD rules and regulations. In 1977 he was named Vice President and Deputy General Counsel responsible for the day-to-day operations of the Office including litigation, administrative proceedings before the Board of Governors and the SEC, legal advice to the Board of Governors, and drafting and adopting NASD rules, interpretations and policies.
As the Independent Director of Petmed Express, the total compensation of Frank Formica at Petmed Express is $159,850. There are 4 executives at Petmed Express getting paid more, with Menderes Akdag having the highest compensation of $1,303,460.
Frank Formica is 76, he's been the Independent Director of Petmed Express since 2003. There are 1 older and 7 younger executives at Petmed Express. The oldest executive at Petmed Express, Inc. is Ronald Korn, 80, who is the Independent Director.
Over the last 24 years, insiders at Petmed Express have traded over $24,134,502 worth of Petmed Express stock and bought 61,738 units worth $451,498 . The most active insiders traders include Gian Fulgoni, Menderes Akdag, and Robert C Schweitzer. On average, Petmed Express executives and independent directors trade stock every 36 days with the average trade being worth of $26,079. The most recent stock trade was executed by Jacqueline Paula Smith on 15 August 2024, trading 601 units of PETS stock currently worth $1,917.
petmeds® is america's largest pet pharmacy, a publicly traded company (nasdaq: pets). we deliver prescription and non-prescription pet meds along with health and nutritional supplements for dogs, cats and horses at substantial savings directly to you. we serve millions of satisfied customers nationwide from one location.
Petmed Express executives and other stock owners filed with the SEC include: