Last updated: 4 September 2024 at 8:00pm EST

Warren Hoffner Net Worth




The estimated Net Worth of Warren E Iii Hoffner is at least $13.8 Million dollars as of 30 August 2024. Mr. Hoffner owns over 2,325 units of Applied Industrial Technologies stock worth over $12,073,259 and over the last 9 years he sold AIT stock worth over $690,680. In addition, he makes $1,000,080 as Vice President und General Manager - Fluid Power and Flow Control at Applied Industrial Technologies.

Mr. Hoffner AIT stock SEC Form 4 insiders trading

Warren has made over 13 trades of the Applied Industrial Technologies stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 2,325 units of AIT stock worth $177,328 on 30 August 2024.

The largest trade he's ever made was exercising 19,300 units of Applied Industrial Technologies stock on 20 November 2020 worth over $776,053. On average, Warren trades about 3,238 units every 71 days since 2015. As of 30 August 2024 he still owns at least 61,149 units of Applied Industrial Technologies stock.

You can see the complete history of Mr. Hoffner stock trades at the bottom of the page.





Warren Hoffner biography

Warren E. Hoffner serves as Vice President, General Manager - Fluid Power and Flow Control of the Company. Mr. Hoffner joined Applied in 1996 when we acquired a distribution business owned by him and his father. Two related party lease arrangements have survived from the acquisition and been renewed from time to time: (1) we lease a building from a company owned 50% by Mr. Hoffner’s father (who retired at the time of the acquisition) at a current rental rate of $154,176 per year, with a term expiring in 2019; and (2) we lease a second building from Mr. Hoffner’s father at a current rental rate of $127,879 per year, with a term expiring in 2019. Applied management, using a third-party broker, negotiates the rental rates and other lease terms and we consider them to be market competitive. Following a review, the Corporate Governance Committee ratified the lease transactions.

What is the salary of Warren Hoffner?

As the Vice President und General Manager - Fluid Power and Flow Control of Applied Industrial Technologies, the total compensation of Warren Hoffner at Applied Industrial Technologies is $1,000,080. There are 5 executives at Applied Industrial Technologies getting paid more, with Neil Schrimsher having the highest compensation of $4,707,800.



How old is Warren Hoffner?

Warren Hoffner is 60, he's been the Vice President und General Manager - Fluid Power and Flow Control of Applied Industrial Technologies since 2015. There are 4 older and 12 younger executives at Applied Industrial Technologies. The oldest executive at Applied Industrial Technologies Inc. is Dan Komnenovich, 68, who is the Independent Director.

What's Warren Hoffner's mailing address?

Warren's mailing address filed with the SEC is ONE APPLIED PLAZA, , CLEVELAND, OH, 44115.

Insiders trading at Applied Industrial Technologies

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 und Neil 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.



What does Applied Industrial Technologies do?

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.



What does Applied Industrial Technologies's logo look like?

Applied Industrial Technologies Inc. logo

Complete history of Mr. Hoffner stock trades at Applied Industrial Technologies

Datum
#
Unternehmen
Insider
Trans.
Transaktion
Anzahl der Aktien Preis je Aktie Gesamtpreis Anzahl der Aktien nach Quelle
30 Aug 2024 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Optionausübung 2,325 $76.27 $177,328
30 Aug 2024
61,149
1 Feb 2024 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Verkauf 2,000 $182.34 $364,680
1 Feb 2024
57,155
17 Nov 2023 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Verkauf 2,000 $163.00 $326,000
17 Nov 2023
58,704
30 Aug 2023 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Optionausübung 1,475 $69.05 $101,849
30 Aug 2023
61,725
24 Aug 2023 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Optionausübung 7,575 $68.61 $519,721
24 Aug 2023
65,499
14 Feb 2023 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Optionausübung 2,950 $69.05 $203,698
14 Feb 2023
57,962
15 Aug 2022 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Optionausübung 12,725 $54.37 $691,858
15 Aug 2022
59,403
4 May 2021 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Optionausübung 18,100 $48.63 $880,203
4 May 2021
54,767
24 Feb 2021 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Optionausübung 8,200 $50.74 $416,068
24 Feb 2021
42,448
20 Nov 2020 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Optionausübung 19,300 $40.21 $776,053
20 Nov 2020
49,392
11 Feb 2020 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Optionausübung 17,900 $28.19 $504,601
11 Feb 2020
38,602
10 Sep 2019 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Optionausübung 3,475 $21.11 $73,357
10 Sep 2019
22,662
8 Aug 2018 Warren E Iii Hoffner
Vizepräsident und General Mgr-Fluid Power
Optionausübung 2,350 $29.41 $69,114
8 Aug 2018
14,762


Applied Industrial Technologies executives and stock owners

Applied Industrial Technologies executives and other stock owners filed with the SEC include: