Robert Alan  Berman net worth and biography

Robert Berman Biography and Net Worth

Robert A. Berman has served as our President and Chief Executive Officer since March 2016. Since January 2000, Mr. Berman has served as the General Partner of Avon Road Partners, L.P., a limited partnership invested in real estate, broadcast media and the gaming industries. From 2006 through March 2015, Mr. Berman held the office of Chairman and Chief Executive Officer at Cinium Financial Services Corporation, a specialty finance company, and prior to which Mr. Berman was Chairman and Chief Executive Officer of Empire Resorts, Inc (NASDAQ:NYNY) a company he co-founded. Mr. Berman has served as an officer and director for both public and private companies in the hospitality, gaming, telecommunications and finance sectors. He has substantial capital markets experience having raised over $1 billion of both public and private debt and equity.

What is Robert Alan Berman's net worth?

The estimated net worth of Robert Alan Berman is at least $2.09 million as of August 25th, 2023. Mr. Berman owns 1,135,219 shares of Rekor Systems stock worth more than $2,088,803 as of April 18th. This net worth approximation does not reflect any other investments that Mr. Berman may own. Additionally, Mr. Berman receives a salary of $405,830.00 as CEO at Rekor Systems. Learn More about Robert Alan Berman's net worth.

How old is Robert Alan Berman?

Mr. Berman is currently 63 years old. There are 5 older executives and no younger executives at Rekor Systems. The oldest executive at Rekor Systems is Mr. Riaz Latifullah, Executive Vice President of Strategic Program Development, who is 67 years old. Learn More on Robert Alan Berman's age.

What is Robert Alan Berman's salary?

As the CEO of Rekor Systems, Inc., Mr. Berman earns $405,830.00 per year. There are 2 executives that earn more than Mr. Berman. The highest earning executive at Rekor Systems is Mr. David Philip Desharnais, President & COO, who commands a salary of $736,220.00 per year. Learn More on Robert Alan Berman's salary.

How do I contact Robert Alan Berman?

The corporate mailing address for Mr. Berman and other Rekor Systems executives is 7172 Columbia Gateway Drive Suite 400, Columbia MD, 21046. Rekor Systems can also be reached via phone at (410) 762-0800 and via email at [email protected]. Learn More on Robert Alan Berman's contact information.

Has Robert Alan Berman been buying or selling shares of Rekor Systems?

Robert Alan Berman has not been actively trading shares of Rekor Systems during the past quarter. Most recently, on Friday, August 25th, Robert Alan Berman bought 10,000 shares of Rekor Systems stock. The stock was acquired at an average cost of $3.45 per share, with a total value of $34,500.00. Following the completion of the transaction, the chief executive officer now directly owns 1,135,219 shares of the company's stock, valued at $3,916,505.55. Learn More on Robert Alan Berman's trading history.

Who are Rekor Systems' active insiders?

Rekor Systems' insider roster includes Robert Berman (CEO), Glenn Goord (Director), Eyal Hen (CFO), Matthew Hill (Insider), and Rodney Hillman (COO). Learn More on Rekor Systems' active insiders.

Are insiders buying or selling shares of Rekor Systems?

During the last twelve months, Rekor Systems insiders bought shares 3 times. They purchased a total of 1,953,000 shares worth more than $2,625,580.00. The most recent insider tranaction occured on August, 25th when CEO Robert Alan Berman bought 10,000 shares worth more than $34,500.00. Insiders at Rekor Systems own 8.4% of the company. Learn More about insider trades at Rekor Systems.

Information on this page was last updated on 8/25/2023.

Robert Alan Berman Insider Trading History at Rekor Systems

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/25/2023Buy10,000$3.45$34,500.001,135,219View SEC Filing Icon  
8/18/2023Buy25,000$3.14$78,500.001,025,219View SEC Filing Icon  
11/17/2021Buy75,000$7.13$534,750.00View SEC Filing Icon  
8/5/2020Buy2,725,836$2.57$7,005,398.522,747,836View SEC Filing Icon  
11/16/2018Buy22,000$0.85$18,700.00View SEC Filing Icon  
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Robert Alan Berman Buying and Selling Activity at Rekor Systems

This chart shows Robert Alan Berman's buying and selling at Rekor Systems by year and by quarter.

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Rekor Systems Company Overview

Rekor Systems logo
Rekor Systems, Inc., a technology company, provides infrastructure solutions for transportation, public safety, and urban mobility markets in the United States and internationally. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that offers various applications for traffic management centers, freeway service patrol, first responders, and maintenance crews; Rekor Discover, a platform that ingests data from its hardware and automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders. It also offers Rekor AutoNotice, a cloud-based financial management application that delivers a turnkey information and citation management solution for cities, states, and municipalities for primary and secondary offenses; and Rekor CarCheck, which allows its AI based vehicle and license plate recognition technology to be accessed for a range of commercial applications. In addition, the company offers Rekor Edge Max System, a fixed traffic data collection system that captures and transforms roadway data into holistic traffic insights; Rekor Edge Pro, a vehicle recognition solution that is used on a standalone basis or integrated into a network; and Rekor Edge Flex, a portable data collection system. Further, it provides traffic services, including traditional traffic studies, which delivers data and insights for planning and management of roadway infrastructure and commercial initiatives; innovative AI-driven traffic studies, for traffic management; and extensive traffic engineering services. The company was incorporated in 2017 and is headquartered in Columbia, Maryland.
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Today's Range

Now: $1.84
Low: $1.77
High: $1.86

50 Day Range

MA: $2.24
Low: $1.84
High: $2.75

2 Week Range

Now: $1.84
Low: $1.00
High: $4.15

Volume

1,437,408 shs

Average Volume

1,188,260 shs

Market Capitalization

$156.99 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.12