The estimated Net Worth of John R Belk is at least $632 Thousand dollars as of 12 August 2024. Mr. Belk owns over 3,847 units of Bassett Furniture Industries stock worth over $557,008 and over the last 8 years he sold BSET stock worth over $0. In addition, he makes $75,000 as Independent Director at Bassett Furniture Industries.
John has made over 3 trades of the Bassett Furniture Industries stock since 2018, according to the Form 4 filled with the SEC. Most recently he bought 3,847 units of BSET stock worth $48,857 on 12 August 2024.
The largest trade he's ever made was buying 15,000 units of Bassett Furniture Industries stock on 4 October 2018 worth over $314,850. On average, John trades about 1,834 units every 165 days since 2017. As of 12 August 2024 he still owns at least 41,047 units of Bassett Furniture Industries stock.
You can see the complete history of Mr. Belk stock trades at the bottom of the page.
John (Johnny) R. Belk is Independent Director of the Company. He is a Private Investor. President and Chief Operating Officer of Belk, Inc., from 2004 to 2016. As former president of a major department store chain and a director of other public companies (including Harris Teeter Supermarkets, Inc. from 1997-2014) over the last twenty years, Mr. Belk’s knowledge of retail, real estate, emerging technologies, merchandising and marketing is of great value to the Company, especially in the areas of retail and enhancing the consumer’s connection with our brand.
As the Independent Director of Bassett Furniture Industries, the total compensation of John Belk at Bassett Furniture Industries is $75,000. There are 13 executives at Bassett Furniture Industries getting paid more, with Robert H. Spilman Jr. having the highest compensation of $597,812.
John Belk is 61, he's been the Independent Director of Bassett Furniture Industries since 2016. There are 9 older and 9 younger executives at Bassett Furniture Industries. The oldest executive at Bassett Furniture Industries Inc. is J. Walter McDowell, 69, who is the Independent Director.
John's mailing address filed with the SEC is 3525 FAIRYSTONE PARK HWY, P O BOX 626, BASSETT, VA, 24055.
Over the last 27 years, insiders at Bassett Furniture Industries have traded over $5,440,908 worth of Bassett Furniture Industries stock and bought 269,012 units worth $2,992,931 . The most active insiders traders include David A Stonecipher, Dale Pond, and Robert H Jr Spilman. On average, Bassett Furniture Industries executives and independent directors trade stock every 47 days with the average trade being worth of $54,755. The most recent stock trade was executed by Robert H Jr Spilman on 13 August 2024, trading 1,700 units of BSET stock currently worth $21,658.
bassett furniture industries, inc. is a leading manufacturer and marketer of high quality, mid-priced home furnishings. with more than 90 company- and licensee-owned stores, bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. as part of a licensing program with hgtv home, bassett offers custom-built furniture that is ready for delivery in the home within 30 days. the stores also feature the latest on-trend furniture styles, more than 1,000 upholstery fabrics, free in-home design visits, and coordinated decorating accessories. bassett is also growing its traditional wholesale business with more than 500 accounts on the open market, across the united states and internationally.
Bassett Furniture Industries executives and other stock owners filed with the SEC include: