Lee C. Banks
Net Worth
Last updated:
What is Lee C. Banks net worth?
The estimated net worth of Mr. Lee C. Banks is at least $169,568,717 as of 4 Aug 2023. He owns shares worth $64,581,421 as insider, has earned $39,207,296 from insider trading and has received compensation worth at least $65,780,000 in Parker-Hannifin Corporation.
What is the salary of Lee C. Banks?
Mr. Lee C. Banks salary is $2,990,000 per year as Vice Chairman & Pres in Parker-Hannifin Corporation.
How old is Lee C. Banks?
Mr. Lee C. Banks is 62 years old, born in 1963.
What stocks does Lee C. Banks currently own?
As insider, Mr. Lee C. Banks owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Parker-Hannifin Corporation (PH) | Vice Chairman & Pres | 86,838 | $743.7 | $64,581,421 |
What does Parker-Hannifin Corporation do?
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; control solutions for extreme corrosion resistance, temperatures, pressures, and precise flow; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. Its Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, pilot controls, pneumatic control components, thermal management products, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. It markets its products through direct-sales employees, independent distributors, and sales representatives. The company was founded in 1917 and is headquartered in Cleveland, Ohio.
Lee C. Banks insider trading
Parker-Hannifin Corporation
Mr. Lee C. Banks has made 29 insider trades between 2003-2023, according to the Form 4 filled with the SEC. Most recently he sold 23,638 units of PH stock worth $9,860,119 on 4 Aug 2023.
The largest trade he's ever made was exercising 69,988 units of PH stock on 17 May 2013. As of 4 Aug 2023 he still owns at least 86,838 units of PH stock.