Hikmet Ersek
Net Worth

Last updated:

What is Hikmet Ersek net worth?

The estimated net worth of Mr. Hikmet Ersek is at least $71,625,553 as of 22 Feb 2021. He owns shares worth $9,191,525 as insider, has earned $21,774,028 from insider trading and has received compensation worth at least $40,660,000 in The Western Union Company.

What is the salary of Hikmet Ersek?

Mr. Hikmet Ersek salary is $2,140,000 per year as Special Advisor to the Chief Executive Officer in The Western Union Company.

How old is Hikmet Ersek?

Mr. Hikmet Ersek is 64 years old, born in 1961.

What stocks does Hikmet Ersek currently own?

As insider, Mr. Hikmet Ersek owns shares in one company:

Company Title Shares Price per share Total value
The Western Union Company (WU) Special Advisor to the Chief Executive Officer 1,091,630 $8.42 $9,191,525

What does The Western Union Company do?

The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents and sub-agents; and offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through websites and mobile devices. The Business Solutions segment provides payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises, other organizations, and individuals; and foreign currency forward and option contracts. It also offers bill payment services that facilitates payments from consumers to businesses and other organizations, as well as offers money order and other services. The company was founded in 1851 and is headquartered in Denver, Colorado.

WU logo
WU
The Western Union Company
$8.42

Hikmet Ersek insider trading

The Western Union Company

Mr. Hikmet Ersek has made 12 insider trades between 2006-2021, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 1,068,136 units of WU stock on 4 Jun 2019. As of 22 Feb 2021 he still owns at least 1,091,630 units of WU stock.

Transaction Date Security Shares Price per share Total value Source
Option
Employee Stock Option (Right to Buy) 233,859 $23.91 $5,592,036
Option
Common Stock 233,859 $23.91 $5,592,036
Sale
Common Stock 233,859 $23.91 $5,592,036
Option
Employee Stock Option (Right to Buy) 625,000 $14 $8,750,000
Option
Common Stock 1,068,136 $15.82 $16,894,707
Option
Employee Stock Option (Right to Buy) 273,420 $21.52 $5,883,998
Sale
Common Stock 273,420 $21.52 $5,883,998
Option
Common Stock 273,420 $21.52 $5,883,998
Option
Common Stock 2,707 $19.13 $51,785
Option
Employee Stock Option (Right to Buy) 2,707 $19.13 $51,785
Sale
Common Stock 2,707 $19.13 $51,785
Sale
Common Stock 36,000 $20.19 $726,912
Sale
Common Stock 230,515 $20.53 $4,732,012
Option
Common Stock 230,515 $20.53 $4,732,012
Option
Employee Stock Option (Right to Buy) 87,820 $20.1 $1,765,006
Option
Common Stock 48,694 $17.78 $865,779
Sale
Common Stock 47,711 $19.5 $930,365
Option
Employee Stock Option (Right to Buy) 48,694 $17.78 $865,779
Purchase
Common Stock 8,060 $12.36 $99,622
Option
Employee Stock Option (Right to Buy) 8,782 $18.86 $165,629
Option
Common Stock 43,910 $18.82 $826,167
Sale
Common Stock 43,910 $19 $834,290
Option
Common Stock 10,846 $16.02 $173,753
Sale
Common Stock 10,846 $16.02 $173,753
Option
Employee Stock Option (Right to Buy) 10,846 $16.02 $173,753
Option
Common Stock 50,000 $15.65 $782,500
Option
Employee Stock Option (Right to Buy) 50,000 $15.65 $782,500
Sale
Common Stock 50,000 $15.65 $782,500
Option
Employee Stock Option (Right to Buy) 15,500 $24 $372,000
Sale
Common Stock 57,429 $21.7 $1,246,382
Option
Common Stock 57,429 $21.7 $1,246,382
Sale
Common Stock 32,734 $24 $785,616
Option
Employee Stock Option (Right to Buy) 18,240 $17.11 $312,086
Option
Common Stock 32,734 $24 $785,616
Sale
Common Stock 1,487 $23.12 $34,379

The Western Union Company key executives

The Western Union Company executives and other stock owners filed with the SEC: