Richard Berman Biography and Net Worth

Director of Cryoport


Mr. Berman, age 78, became a member of our board of directors in January 2015 and serves as Lead Director, Chairman of the Audit Committee and member of the Compensation Committee and Nomination and Governance Committee of our board of directors. Mr. Berman’s business career spans over 35 years of venture capital, senior management and merger & acquisitions experience. Mr. Berman has served as a director and/or officer of over a dozen public and private companies. From 2006 to 2011, he was Chairman of National Investment Managers, a company with $12 billion in pension administration assets. Mr. Berman is currently a director of four publicly traded companies: Cryoport Inc., Comsovereign Holding Corp., BioVie, Inc. and Cuentas Inc. Over the last decade he has served on the board of 5 companies that have reached over one billion in market capitalization – Cryoport, Advaxis, EXIDE, Internet Commerce Corporation, and Ontrak (Catasys). Previously, Mr. Berman worked at Goldman Sachs; was Senior Vice President of Bankers Trust Company, where he started the M&A and Leveraged Buyout Departments; created the largest battery company in the world in the 1980’s by merging Prestolite, General Battery and Exide to form Exide Technologies (XIDE); helped to create what is now Soho (NYC) by developing five buildings; and advised on over $4 billion of M&A transactions. He is a past Director of the Stern School of Business of NYU where he obtained his BS and MBA. He also has U.S. and foreign law degrees from Boston College and The Hague Academy of International Law, respectively. Mr. Berman’s financial and business expertise, including his background in biotechnology, international management and banking, and his extensive experience as a director in the public company context makes him well-qualified to serve as a member of the board of directors.

What is Richard J. Berman's net worth?

The estimated net worth of Richard J. Berman is at least $2.71 million as of August 16th, 2022. Mr. Berman owns 107,203 shares of Cryoport stock worth more than $2,705,804 as of February 5th. This net worth estimate does not reflect any other investments that Mr. Berman may own. Learn More about Richard J. Berman's net worth.

How do I contact Richard J. Berman?

The corporate mailing address for Mr. Berman and other Cryoport executives is 112 Westwood Place Suite 350, Brentwood TN, 37027. Cryoport can also be reached via phone at (949) 470-2300 and via email at [email protected] Learn More on Richard J. Berman's contact information.

Has Richard J. Berman been buying or selling shares of Cryoport?

Richard J. Berman has not been actively trading shares of Cryoport during the last ninety days. Most recently, Richard J. Berman sold 7,250 shares of the business's stock in a transaction on Thursday, December 1st. The shares were sold at an average price of $19.63, for a transaction totalling $142,317.50. Learn More on Richard J. Berman's trading history.

Who are Cryoport's active insiders?

Cryoport's insider roster includes Richard Berman (Director), Daniel Hancock (Director), Mark Sawicki (Insider), Jerrell Shelton (CEO), Robert Stefanovich (CFO), and Edward Zecchini (Director). Learn More on Cryoport's active insiders.

Are insiders buying or selling shares of Cryoport?

During the last twelve months, insiders at the consumer goods maker sold shares 6 times. They sold a total of 17,761 shares worth more than $525,660.05. The most recent insider tranaction occured on December, 1st when Director Richard J Berman sold 7,250 shares worth more than $142,317.50. Insiders at Cryoport own 9.7% of the company. Learn More about insider trades at Cryoport.

Information on this page was last updated on 12/1/2022.

Richard J. Berman Insider Trading History at Cryoport

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/1/2022Sell7,250$19.63$142,317.50View SEC Filing Icon  
8/16/2022Sell2,708$43.05$116,579.40107,203View SEC Filing Icon  
9/15/2021Sell25,000$64.00$1,600,000.00View SEC Filing Icon  
11/11/2020Sell20,000$55.55$1,111,000.008,300View SEC Filing Icon  
11/19/2019Sell5,000$14.66$73,300.00
11/15/2019Sell10,000$15.27$152,700.00
3/15/2019Sell30,000$11.84$355,200.00View SEC Filing Icon  
11/15/2018Sell30,000$10.06$301,800.00View SEC Filing Icon  
9/6/2018Sell10,000$14.00$140,000.00View SEC Filing Icon  
8/15/2018Sell20,000$12.81$256,200.00View SEC Filing Icon  
See Full Table

Richard J. Berman Buying and Selling Activity at Cryoport

This chart shows Richard J Berman's buying and selling at Cryoport by year and by quarter.

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Cryoport Company Overview

Cryoport logo
CryoPort, Inc. engages in the provision of logistics solutions to the life science industry. It also provides logistics solutions for biologic materials such as immunotherapies, stem cells, CAR-T cells, and reproductive cells for clients worldwide, including points-of-care, clinical research organizations central laboratories, biopharmaceuticals, contract manufacturing, health centers, and university researchers. It offers personalized medicine, immunotherapies, cellular therapies, CAR T-cell therapies, stem cell therapies, vaccines, diagnostic materials, semen, eggs, embryos, cord blood, bio-pharmaceuticals, infectious substances, and other commodities that require continuous exposure to certain ranges of precision-controlled temperatures. The company was founded on May 25, 1990 and is headquartered in Brentwood, TN.
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Today's Range

Now: $25.24
Low: $24.98
High: $26.01

50 Day Range

MA: $19.49
Low: $15.97
High: $25.86

2 Week Range

Now: $25.24
Low: $15.63
High: $45.36

Volume

394,049 shs

Average Volume

469,868 shs

Market Capitalization

$1.24 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.32