Louis Salamone Jr.
Net Worth

Last updated:

What is Louis Salamone Jr. net worth?

The estimated net worth of Mr. Louis Salamone Jr. is at least $5,061,154 as of 6 Dec 2024. He owns shares worth $868,737 as insider, has earned $188,977 from insider trading and has received compensation worth at least $4,003,440 in Babcock & Wilcox Enterprises, Inc..

What is the salary of Louis Salamone Jr.?

Mr. Louis Salamone Jr. salary is $667,240 per year as Executive Vice President, Chief Financial Officer & Chief Accounting Officer in Babcock & Wilcox Enterprises, Inc..

How old is Louis Salamone Jr.?

Mr. Louis Salamone Jr. is 78 years old, born in 1947.

What stocks does Louis Salamone Jr. currently own?

As insider, Mr. Louis Salamone Jr. owns shares in one company:

Company Title Shares Price per share Total value
Babcock & Wilcox Enterprises, Inc. (BW) Executive Vice President, Chief Financial Officer & Chief Accounting Officer 583,045 $1.49 $868,737

What does Babcock & Wilcox Enterprises, Inc. do?

Babcock & Wilcox Enterprises, Inc., together with its subsidiaries, provides energy and emissions control solutions to a range of industrial, electrical utility, municipal, and other customers worldwide. It operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal. The Babcock & Wilcox Renewable segment offers technologies for waste-to-energy, solar construction and installation, and biomass energy systems, as well as black liquor systems for the pulp and paper industry. This segment provides technologies support solutions for diverting waste from landfills to use for power generation and replacing fossil fuels while recovering metals and reducing emissions. The Babcock & Wilcox Environmental segment offers a range of emissions control and environmental technology solutions for utility, waste to energy, biomass, carbon black, and industrial steam generation applications. This segment provides systems for cooling, ash handling, particulate control, nitrogen oxides and sulfur dioxides removal, chemical looping for carbon control, and mercury control. The Babcock & Wilcox Thermal segment offers steam generation equipment; aftermarket parts; and construction, maintenance, and field services for plants in the power generation, oil and gas, and industrial sectors. This segment has an installed equipment for utilities and general industrial applications, including refining, petrochemical, food processing, metals, and others. The company was founded in 1867 and is headquartered in Akron, Ohio.

Louis Salamone Jr. insider trading

Babcock & Wilcox Enterprises, Inc.

Mr. Louis Salamone Jr. has made only one insider trade between 2019-2024, according to the Form 4 filled with the SEC. He sold 98,941 units of BW stock worth $188,977 on 6 Dec 2024.

As of 6 Dec 2024 he still owns at least 583,045 units of BW stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 98,941 $1.91 $188,977
Option
Restricted Stock Units 33,334 N/A N/A
Option
Common Stock 33,334 $1.18 $39,334
Option
Restricted Stock Units 31,667 N/A N/A
Option
Common Stock 31,667 $1.63 $51,617
Purchase
Common Stock 4,000 $1.02 $4,080
Purchase
Common Stock 50,000 $1.15 $57,450
Option
Common Stock 50,000 $4.88 $244,000
Option
Restricted Stock Units 50,000 N/A N/A
Option
Common Stock 33,333 $5.54 $184,665
Option
Restricted Stock Units 33,333 N/A N/A
Option
Restricted Stock Units 31,666 N/A N/A
Option
Common Stock 31,666 $5.34 $169,096
Purchase
Common Stock 6,000 $5.49 $32,940
Purchase
Common Stock 15,000 $5.27 $79,110
Purchase
Common Stock 43,000 $4.62 $198,746
Option
Common Stock 50,000 $8.35 $417,500
Option
Restricted Stock Units 33,333 N/A N/A
Option
Common Stock 25,000 $8.58 $214,500
Purchase
Common Stock 20,000 $5.41 $108,200
Purchase
Common Stock 10,000 $7.79 $77,890
Option
Common Stock 20,000 $8.65 $173,000
Option
Restricted Stock Units 20,000 N/A N/A
Option
Restricted Stock Units 50,000 N/A N/A
Option
Common Stock 50,000 $7.85 $392,500
Purchase
Common Stock 8,547 $5.85 $50,000
Option
Performance Stock Units 200,000 N/A N/A
Option
Common Stock 200,000 N/A N/A
Purchase
Common Stock 5,000 $3.29 $16,450
Purchase
Common Stock 40,000 $2.5 $100,000
Purchase
Common Stock 25,000 $2.08 $52,000
Purchase
Common Stock 120,000 $0.41 $48,960

Babcock & Wilcox Enterprises key executives

Babcock & Wilcox Enterprises, Inc. executives and other stock owners filed with the SEC: