Michael M. Larsen
Net Worth

Last updated:

What is Michael M. Larsen net worth?

The estimated net worth of Mr. Michael M. Larsen is at least $66,939,073 as of 14 Feb 2023. He owns shares worth $9,660,732 as insider, has earned $35,438,341 from insider trading and has received compensation worth at least $21,840,000 in Illinois Tool Works Inc..

What is the salary of Michael M. Larsen?

Mr. Michael M. Larsen salary is $1,820,000 per year as Senior Vice President & Chief Financial Officer in Illinois Tool Works Inc..

How old is Michael M. Larsen?

Mr. Michael M. Larsen is 56 years old, born in 1969.

What stocks does Michael M. Larsen currently own?

As insider, Mr. Michael M. Larsen owns shares in one company:

Company Title Shares Price per share Total value
Illinois Tool Works Inc. (ITW) Senior Vice President & Chief Financial Officer 36,602 $263.94 $9,660,732

What does Illinois Tool Works Inc. do?

Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, refrigeration, cooking, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment offers beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM/tiers, commercial food equipment, construction, general industrial, and automotive aftermarket end markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.

ITW logo
ITW
Illinois Tool Works Inc.
$263.94

Michael M. Larsen insider trading

Illinois Tool Works Inc.

Mr. Michael M. Larsen has made 6 insider trades between 2013-2023, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 66,821 units of ITW stock on 3 Aug 2020. As of 14 Feb 2023 he still owns at least 36,602 units of ITW stock.

Transaction Date Security Shares Price per share Total value Source
Option
Common Stock 5,353 N/A N/A
Option
Performance Share Units (granted 2/14/20) 5,353 N/A N/A
Option
Common Stock 51,248 $128 $6,559,744
Option
Employee Stock Option 51,248 $128 $6,559,744
Sale
Common Stock 51,248 $228.01 $11,685,056
Option
Common Stock 5,701 N/A N/A
Option
Performance Share Units (granted 2/15/19) 5,701 N/A N/A
Option
Performance Share Units (granted 2/15/18) 4,220 N/A N/A
Option
Common Stock 4,220 N/A N/A
Option
Common Stock 66,821 $95.07 $6,352,672
Option
Employee Stock Option 21,866 $98.26 $2,148,553
Sale
Common Stock 66,821 $186.9 $12,488,644
Option
Common Stock 8,389 N/A N/A
Sale
Common Stock 13,752 $159.6 $2,194,819
Option
Common Stock 35,617 $128.93 $4,592,100
Option
Employee Stock Option 35,617 $128.93 $4,592,100
Option
Performance Restricted Stock Unit (granted 2/12/2016) 9,795 $98.26 $962,457
Option
Common Stock 9,795 $98.26 $962,457
Sale
Common Stock 17,483 $132.73 $2,320,519
Option
Common Stock 58,736 $115.5 $6,783,714
Option
Employee Stock Option 58,736 $115.5 $6,783,714
Option
Common Stock 9,159 N/A N/A
Option
Performance Restricted Stock Unit (granted 2/13/15) 9,159 N/A N/A
Option
Common Stock 52,447 $98.26 $5,153,442
Sale
Common Stock 52,447 $98.26 $5,153,442
Option
Employee Stock Option 52,447 $98.26 $5,153,442
Option
Common Stock 10,603 $98.26 $1,041,851
Option
Performance Restricted Stock Unit (granted 2/14/2014) 10,603 $98.26 $1,041,851
Option
Restricted Stock Unit (granted 9/16/2013) 13,316 N/A N/A
Option
Common Stock 13,316 N/A N/A
Sale
Common Stock 14,000 $113.99 $1,595,860
Purchase
Common Stock 7,000 $74.25 $519,750