Daniel Patrick McGahn
Net Worth
Last updated:
What is Daniel Patrick McGahn net worth?
The estimated net worth of Mr. Daniel Patrick McGahn is at least $74,859,974 as of 11 Jun 2024. He owns shares worth $49,595,361 as insider, has earned $2,824,613 from insider trading and has received compensation worth at least $22,440,000 in American Superconductor Corporation.
What is the salary of Daniel Patrick McGahn?
Mr. Daniel Patrick McGahn salary is $1,320,000 per year as Chairman, Pres & Chief Executive Officer in American Superconductor Corporation.
How old is Daniel Patrick McGahn?
Mr. Daniel Patrick McGahn is 54 years old, born in 1971.
What stocks does Daniel Patrick McGahn currently own?
As insider, Mr. Daniel Patrick McGahn owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| American Superconductor Corporation (AMSC) | Chairman, Pres & Chief Executive Officer | 1,019,956 | $48.63 | $49,595,361 |
What does American Superconductor Corporation do?
American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates in two segments, Grid and Wind. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand; and engineering planning services. It provides transmission planning services, which identify power grid congestion, poor power quality, and other risks; grid interconnection solutions for wind farms and solar power plants, power quality systems, and transmission and distribution cable systems; resilient electric grid systems, resilient electric grid systems; D-VAR systems used for controlling power flow and voltage in the AC transmission system; actiVAR system, a fast-switching medium-voltage reactive compensation solution; armorVAR system installed for reactive compensation, power factor correction, loss reduction, utility bill savings, and mitigation of common power quality concerns related to power converter-based generation and load devices; and D-VAR volt var optimization (VVO) that serves the distribution power grid market. This segment also offers ship protection systems, which reduce a naval ship's magnetic signature; and in board power delivery systems, power generation systems, and propulsion systems; and transformers and rectifiers systems. The Wind segment designs wind turbine systems and licenses these designs to third parties under the Windtec Solutions brand. It supplies power electronics and software-based control systems, engineered designs, and support services; and provides customer support services to wind turbine manufacturers. This segment's design portfolio comprises a range of drivetrains and power ratings of 2 megawatts and higher. The company was incorporated in 1987 and is headquartered in Ayer, Massachusetts.
Daniel Patrick McGahn insider trading
American Superconductor Corporation
Mr. Daniel Patrick McGahn has made 16 insider trades between 2008-2024, according to the Form 4 filled with the SEC. Most recently he sold 37,165 units of AMSC stock worth $806,035 on 11 Jun 2024.
The largest trade he's ever made was exercising 73,802 units of AMSC stock on 21 Jun 2023. As of 11 Jun 2024 he still owns at least 1,019,956 units of AMSC stock.
American Superconductor key executives
American Superconductor Corporation executives and other stock owners filed with the SEC:
- Mr. Daniel Patrick McGahn (54) Chairman, Pres & Chief Executive Officer
- Mr. John W. Kosiba Jr. (52) Chief Financial Officer, Senior Vice President & Treasurer