The estimated Net Worth of Peter C Wallace is at least $8.32 Milhão dollars as of 24 November 2023. Mr. Wallace owns over 1,130 units of Applied Industrial Technologies stock worth over $4,890,786 and over the last 19 years he sold AIT stock worth over $3,130,696. In addition, he makes $296,528 as Independent Chairman of the Board at Applied Industrial Technologies.
Peter has made over 25 trades of the Applied Industrial Technologies stock since 2006, according to the Form 4 filled with the SEC. Most recently he exercised 1,130 units of AIT stock worth $45,935 on 24 November 2023.
The largest trade he's ever made was exercising 203,312 units of Applied Industrial Technologies stock on 26 December 2012 worth over $4,792,064. On average, Peter trades about 1,627 units every 39 days since 2006. As of 24 November 2023 he still owns at least 24,771 units of Applied Industrial Technologies stock.
You can see the complete history of Mr. Wallace stock trades at the bottom of the page.
Peter C. Wallace serves as Independent Chairman of the Board of the Company. Mr. Wallace most recently was Chief Executive Officer of Gardner Denver, Inc. from 2014 until retiring in December 2015. Gardner Denver is a worldwide manufacturer of highly engineered products, including compressors, liquid ring pumps, and blowers for various industrial, medical, environmental, transportation, and process applications, pumps used in the petroleum and industrial market segments, and other fluid transfer equipment. Prior to joining Gardner Denver, Mr. Wallace was President and Chief Executive Officer, and a director, of Robbins & Myers, Inc. (formerly NYSE: RBN), from 2004 until it was acquired in 2013 by National Oilwell Varco, Inc. Robbins & Myers was a leading designer, manufacturer, and marketer of highly engineered, application-critical equipment and systems for energy, chemical, pharmaceutical, and industrial markets worldwide.
As the Independent Chairman of the Board of Applied Industrial Technologies, the total compensation of Peter Wallace at Applied Industrial Technologies is $296,528. There are 10 executives at Applied Industrial Technologies getting paid more, with Neil Schrimsher having the highest compensation of $4,707,800.
Peter Wallace is 66, he's been the Independent Chairman of the Board of Applied Industrial Technologies since 2014. There are 1 older and 17 younger executives at Applied Industrial Technologies. The oldest executive at Applied Industrial Technologies Inc. is Dan Komnenovich, 68, who is the Independent Director.
Peter's mailing address filed with the SEC is ONE APPLIED PLAZA, , CLEVELAND, OH, 44115.
Over the last 21 years, insiders at Applied Industrial Technologies have traded over $105,268,487 worth of Applied Industrial Technologies stock and bought 26,985 units worth $1,148,413 . The most active insiders traders include David L Pugh, Richard J Simoncic, eNeil A Schrimsher. On average, Applied Industrial Technologies executives and independent directors trade stock every 17 days with the average trade being worth of $2,587,451. The most recent stock trade was executed by Warren E Iii Hoffner on 30 August 2024, trading 2,325 units of AIT stock currently worth $177,328.
with fiscal 2014 sales of $2.5 billion, applied industrial technologies (nyse: ait) is a leading industrial distributor that offers more than five million parts to serve the needs of mro and oem customers in virtually every industry. in addition, applied provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. applied also offers maintenance training and inventory management solutions that provide added value to its customers. the applied network encompasses more than 560 operating facilities and nine distribution centers. to learn more, visit www.applied.com.
Applied Industrial Technologies executives and other stock owners filed with the SEC include: