Michael K. Simonte
Net Worth

Last updated:

What is Michael K. Simonte net worth?

The estimated net worth of Mr. Michael K. Simonte is at least $37,085,558 as of 13 Nov 2018. He owns shares worth $1,285,935 as insider, has earned $1,449,623 from insider trading and has received compensation worth at least $34,350,000 in American Axle & Manufacturing Holdings, Inc..

What is the salary of Michael K. Simonte?

Mr. Michael K. Simonte salary is $2,290,000 per year as Pres in American Axle & Manufacturing Holdings, Inc..

How old is Michael K. Simonte?

Mr. Michael K. Simonte is 61 years old, born in 1964.

What stocks does Michael K. Simonte currently own?

As insider, Mr. Michael K. Simonte owns shares in one company:

Company Title Shares Price per share Total value
American Axle & Manufacturing Holdings, Inc. (AXL) Pres 229,701 $5.6 $1,285,935

What does American Axle & Manufacturing Holdings, Inc. do?

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles in the United States, Mexico, South America, China, other Asian countries, and Europe. It operates through Driveline and Metal Forming segments. The Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Forming segment provides axle and transmission shafts, ring and pinion gears, differential gears and assemblies, and connecting rods and variable valve timing products for original equipment manufacturers and tier 1 automotive suppliers. American Axle & Manufacturing Holdings, Inc. has technology development agreement with Suzhou Inovance Automotive Ltd. and REE Automotive Ltd. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.

AXL logo
AXL
American Axle & Manufacturing Holdings, Inc.
$5.6

Michael K. Simonte insider trading

American Axle & Manufacturing Holdings, Inc.

Mr. Michael K. Simonte has made 4 insider trades between 2010-2018, according to the Form 4 filled with the SEC. Most recently he purchased 15,000 units of AXL stock worth $178,200 on 13 Nov 2018.

The largest trade he's ever made was exercising 34,950 units of AXL stock on 2 Dec 2013. As of 13 Nov 2018 he still owns at least 229,701 units of AXL stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Stock 15,000 $11.88 $178,200
Option
Employee Stock Options (Right to Buy) 10,000 $15.58 $155,800
Sale
Common Stock 8,361 $22.7 $189,795
Option
Common Stock 10,000 $15.58 $155,800
Sale
Common Stock 24,500 $19.39 $475,129
Option
Employee Stock Options (Right to Buy) 12,500 $10.08 $126,000
Option
Common Stock 12,500 $10.08 $126,000
Sale
Common Stock 34,950 $19.57 $684,006
Purchase
Common Stock 2,500 $9.4 $23,500
Purchase
Common Stock 2,500 $9.55 $23,875
Purchase
Common Stock 2,500 $9.55 $23,875
Purchase
Common Stock 6,000 $8.5 $51,000
Purchase
Common Stock 2,000 $7.69 $15,380
Purchase
Common Stock 2,000 $8.24 $16,480
Purchase
Common Stock 3,000 $8 $24,000
Purchase
Common Stock 4,000 $10.75 $43,000
Sale
Common Stock 8,049 $12.51 $100,693
Option
Employee Stock Option (right to buy) 10,000 $8.85 $88,500
Option
Common Stock 10,000 $8.85 $88,500
Purchase
Common Stock 5,000 $8.53 $42,650

American Axle & Manufacturing Holdings key executives

American Axle & Manufacturing Holdings, Inc. executives and other stock owners filed with the SEC: