Kurt W. Loring
Net Worth
Last updated:
What is Kurt W. Loring net worth?
The estimated net worth of Mr. Kurt W. Loring is at least $12,920,276 as of 30 Aug 2024. He owns shares worth $5,064,393 as insider, has earned $4,106,833 from insider trading and has received compensation worth at least $3,749,050 in Applied Industrial Technologies, Inc..
What is the salary of Kurt W. Loring?
Mr. Kurt W. Loring salary is $749,810 per year as Vice President & Chief Human Resource Officer in Applied Industrial Technologies, Inc..
How old is Kurt W. Loring?
Mr. Kurt W. Loring is 56 years old, born in 1969.
What stocks does Kurt W. Loring currently own?
As insider, Mr. Kurt W. Loring owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Applied Industrial Technologies, Inc. (AIT) | Vice President & Chief Human Resource Officer | 19,315 | $262.2 | $5,064,393 |
What does Applied Industrial Technologies, Inc. do?
Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides equipment repair and technical support services. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.
Kurt W. Loring insider trading
Applied Industrial Technologies, Inc.
Mr. Kurt W. Loring has made 5 insider trades between 2020-2024, according to the Form 4 filled with the SEC. Most recently he sold 4,858 units of AIT stock worth $986,660 on 30 Aug 2024.
The largest trade he's ever made was exercising 13,500 units of AIT stock on 16 Aug 2022. As of 30 Aug 2024 he still owns at least 19,315 units of AIT stock.
Applied Industrial Technologies key executives
Applied Industrial Technologies, Inc. executives and other stock owners filed with the SEC:
- Mr. David K. Wells (63) Vice President, Chief Financial Officer & Treasurer
- Mr. Fred D. Bauer (59) Vice President, Gen. Counsel & Sec.
- Mr. Kurt W. Loring (56) Vice President & Chief Human Resource Officer
- Mr. Neil A. Schrimsher (61) Pres, Chief Executive Officer & Director