The estimated Net Worth of Michael S Funk is at least $18.6 millió dollars as of 13 December 2021. Mr. Funk owns over 20,404 units of United Natural Foods stock worth over $923,852 and over the last 21 years he sold UNFI stock worth over $17,164,956. In addition, he makes $489,750 as Independent Director at United Natural Foods.
Michael has made over 42 trades of the United Natural Foods stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 20,404 units of UNFI stock worth $1,043,461 on 13 December 2021.
The largest trade he's ever made was selling 247,777 units of United Natural Foods stock on 9 September 2003 worth over $7,933,820. On average, Michael trades about 14,383 units every 117 days since 2003. As of 13 December 2021 he still owns at least 63,670 units of United Natural Foods stock.
You can see the complete history of Mr. Funk stock trades at the bottom of the page.
Michael S. Funk is Independent Director of the Company. He has been a member of the Board since February 1996 and served as Chair of the Board from January 2003 to December 2003, and again from September 2008 to December 2016. Mr. Funk served as our President and Chief Executive Officer from October 2005 to September 2008. Mr. Funk also served as Vice Chair of the Board from February 1996 until December 2002, as our Chief Executive Officer from December 1999 until December 2002 and as our President from October 1996 until December 1999. From its inception in July 1976 until April 2001, Mr. Funk served as President of Mountain People’s Warehouse, Inc., now known as United Natural Foods West, Inc., one of our wholly-owned subsidiaries. Mr. Funk’s extensive knowledge of our industry and our historical operations, as well as his past service as our Chief Executive Officer, brings to the Board valuable insight into the core operations of our Company and a deep understanding of the natural and organic products distribution business. His institutional knowledge of all operational aspects of our business resulting from his long-term involvement with our Company is valuable to the Board.
As the Independent Director of United Natural Foods, the total compensation of Michael Funk at United Natural Foods is $489,750. There are 9 executives at United Natural Foods getting paid more, with Steven Spinner having the highest compensation of $7,100,860.
Michael Funk is 65, he's been the Independent Director of United Natural Foods since 2016. There are 3 older and 21 younger executives at United Natural Foods. The oldest executive at United Natural Foods, Inc. is James Heffernan, 73, who is the Independent Director.
Michael's mailing address filed with the SEC is C/O UNITED NATURAL FOODS, INC., 313 IRON HORSE WAY, PROVIDENCE, RI, 02908.
Over the last 21 years, insiders at United Natural Foods have traded over $74,337,695 worth of United Natural Foods stock and bought 242,489 units worth $4,040,054 . The most active insiders traders include J Alexander Jr Douglas, James M Loree és Steven Spinner. On average, United Natural Foods executives and independent directors trade stock every 10 days with the average trade being worth of $114,237. The most recent stock trade was executed by Richard Eric Esper on 1 April 2024, trading 4,375 units of UNFI stock currently worth $49,656.
United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. It also provides Woodstock brand imports, roasts, packages, and distributes nuts, dried fruits, seeds, trail mixes, granola, natural and organic snack items, and confections. In addition, the company is involved in importing, roasting, packaging, and distributing nuts, dried fruits, seeds, trail mixes, granola, natural and organic snack items, and confections. Further, it offers Blue Marble Brands products through wholesale segment, third-party distributors, and directly to retailers; and Field Day brand products primarily to customers through its independent channel. Additionally, the company provides general merchandise, home, health and beauty care, and pharmacy products, as well as private label products through a network of 74 Cub Foods and Shoppers retail grocery stores; professional services, such as retail store support, advertising, couponing, e-commerce, consumer convenience services, store design, equipment sourcing, electronic payments processing, network and data hosting solutions, and administrative back-office solutions; and marketing services comprising consumer and trade marketing programs, as well as programs to support suppliers in understanding its markets. The company serves chains, independent retailers, and supernatural chains, as well as foodservice, e-commerce, conventional military business, and other sales customers. United Natural Foods, Inc. was founded in 1976 and is headquartered in Providence, Rhode Island.
United Natural Foods executives and other stock owners filed with the SEC include: