Patrick W. Macken
Net Worth

Last updated:

What is Patrick W. Macken net worth?

The estimated net worth of Mr. Patrick W. Macken is at least $3,644,701 as of 18 Oct 2024. He owns shares worth $625,119 as insider, has earned $129,102 from insider trading and has received compensation worth at least $2,890,480 in Ribbon Communications Inc..

What is the salary of Patrick W. Macken?

Mr. Patrick W. Macken salary is $722,620 per year as Executive Vice President, Chief Legal Officer & Corporation Sec. in Ribbon Communications Inc..

How old is Patrick W. Macken?

Mr. Patrick W. Macken is 51 years old, born in 1974.

What stocks does Patrick W. Macken currently own?

As insider, Mr. Patrick W. Macken owns shares in one company:

Company Title Shares Price per share Total value
Ribbon Communications Inc. (RBBN) Executive Vice President, Chief Legal Officer & Corporation Sec. 161,948 $3.86 $625,119

What does Ribbon Communications Inc. do?

Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products; and solutions and services for enabling voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications and unified communications and collaboration. It also offers session border controller and network transformation products. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. It also provides multiple solutions for VoIP, VoLTE, VoNR, and UC&C in network, on-premises, or via the telco cloud. The IP Optical Networks segment provides hardware and software solutions for IP networking, switching, routing, and optical transport to support and enable technologies, such as 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, legacy NTR, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. It also provides advanced analytics solutions and next generation products that provides cloud-native and streaming analytics platform for networks and subscribers. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.

Patrick W. Macken insider trading

Ribbon Communications Inc.

Mr. Patrick W. Macken has made only one insider trade between 2021-2024, according to the Form 4 filled with the SEC.

As of 18 Oct 2024 he still owns at least 161,948 units of RBBN stock.

Transaction Date Security Shares Price per share Total value Source
Option
Common Stock 21,367 N/A N/A
Option
RSUs 21,367 N/A N/A
Option
Common Stock 20,652 N/A N/A
Option
Restricted Stock Units (RSUs) 20,652 N/A N/A
Option
RSUs 21,368 N/A N/A
Option
Common Stock 21,368 N/A N/A
Option
Restricted Stock Units (RSUs) 41,307 N/A N/A
Option
Common Stock 26,277 N/A N/A
Option
Performance Share Units (PSUs) 26,277 N/A N/A
Option
Common Stock 41,307 N/A N/A
Option
Common Stock 3,059 N/A N/A
Option
Common Stock 7,965 N/A N/A
Option
Restricted Stock Units (RSUs) 7,965 N/A N/A
Option
Performance Stock Units (PSUs) 3,059 N/A N/A
Sale
Common Stock 42,094 $3.07 $129,102
Option
Common Stock 40,983 N/A N/A
Option
Restricted Stock Units (RSUs) 40,983 N/A N/A
Option
Restricted Stock Units (RSUs) 21,367 N/A N/A
Option
Common Stock 21,367 N/A N/A
Option
Common Stock 7,964 N/A N/A
Option
Restricted Stock Units (RSUs) 7,964 N/A N/A
Option
Restricted Stock Units (RSUs) 25,000 N/A N/A
Option
Common Stock 25,000 N/A N/A
Option
Restricted Stock Units (RSUs) 42,736 N/A N/A
Option
Common Stock 42,736 N/A N/A
Option
Common Stock 36,614 N/A N/A
Option
PSUs 36,614 N/A N/A
Option
Common Stock 7,965 N/A N/A
Option
Restricted Stock Units (RSUs) 7,965 N/A N/A
Option
Common Stock 22,884 N/A N/A
Option
Restricted Stock Units (RSU) 24,999 N/A N/A
Option
Common Stock 24,999 N/A N/A
Option
Common Stock 7,965 N/A N/A
Option
Restricted Stock Units (RSU) 7,965 N/A N/A
Option
Restricted Stock Units (RSU) 25,000 N/A N/A
Option
Common Stock 25,000 N/A N/A
Option
Common Stock 15,931 N/A N/A
Option
Restricted Stock Units (RSU) 15,931 N/A N/A
Option
Common Stock 25,000 N/A N/A
Option
Restricted Stock Units (RSU) 25,000 N/A N/A
Option
Common Stock 50,001 N/A N/A

Ribbon Communications key executives

Ribbon Communications Inc. executives and other stock owners filed with the SEC: