Patrick S. Bannon
Net Worth

Last updated:

What is Patrick S. Bannon net worth?

The estimated net worth of Mr. Patrick S. Bannon is at least $15,230,230 as of 9 Aug 2022. He owns shares worth $5,287,640 as insider, has earned $5,955,290 from insider trading and has received compensation worth at least $3,987,300 in RBC Bearings Incorporated and RBC Bearings Incorporated.

What is the salary of Patrick S. Bannon?

Mr. Patrick S. Bannon salary is $398,730 per year as Vice President & GM in RBC Bearings Incorporated. He also receives $398,730 as Vice President & GM in RBC Bearings Incorporated.

How old is Patrick S. Bannon?

Mr. Patrick S. Bannon is 60 years old, born in 1965.

What stocks does Patrick S. Bannon currently own?

As insider, Mr. Patrick S. Bannon owns shares in 2 companies:

Company Title Shares Price per share Total value
RBC Bearings Incorporated (ROLL) Vice President & GM 18,583 $212.38 $3,946,658
RBC Bearings Incorporated (ROLLP) Vice President & GM 12,515 $107.15 $1,340,982

What does RBC Bearings Incorporated do?

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications. It also offers mounted bearing products include mounted ball bearings, mounted roller bearings, and mounted plain bearings; and enclosed gearing product lines, including quantis gearmotor, torque arm, tigear, magnagear & maxum, and controlled start transmission. In addition, the company produces power transmission components include mechanical drive components, couplings, and conveyor components; engineered hydraulics and valves for aircraft and submarine applications, and aerospace and defense aftermarket services; fasteners; precision mechanical components, which are used in various general industrial applications; and machine tool collets that are used for holding circulars or rod-like pieces. It serves automotive, tool holding, agricultural and semiconductor machinery, commercial and defense aerospace, ground defense, construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, food and beverage, packaging and canning, wind, and general industrial markets through its direct sales force, as well as a network of industrial and aerospace distributors. The company was founded in 1919 and is headquartered in Oxford, Connecticut.

What does RBC Bearings Incorporated do?

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications. It also offers mounted bearing products include mounted ball bearings, mounted roller bearings, and mounted plain bearings; and enclosed gearing product lines, including quantis gearmotor, torque arm, tigear, magnagear & maxum, and controlled start transmission. In addition, the company produces power transmission components include mechanical drive components, couplings, and conveyor components; engineered hydraulics and valves for aircraft and submarine applications, and aerospace and defense aftermarket services; fasteners; precision mechanical components, which are used in various general industrial applications; and machine tool collets that are used for holding circulars or rod-like pieces. It serves automotive, tool holding, agricultural and semiconductor machinery, commercial and defense aerospace, ground defense, construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, food and beverage, packaging and canning, wind, and general industrial markets through its direct sales force, as well as a network of industrial and aerospace distributors. The company was founded in 1919 and is headquartered in Oxford, Connecticut.

Patrick S. Bannon insider trading

RBC Bearings Incorporated

Mr. Patrick S. Bannon has made 2 insider trades in 2022, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 12,000 units of ROLLP stock on 9 Aug 2022. As of 9 Aug 2022 he still owns at least 12,515 units of ROLLP stock.

Transaction Date Security Shares Price per share Total value Source
Option
Option to Purchase Common Stock 8,000 $132.12 $1,056,960
Option
Option to Purchase Common Stock 4,000 $126.56 $506,240
Option
Common Stock 4,000 $126.56 $506,240
Option
Common Stock 8,000 $132.12 $1,056,960
Sale
Common Stock 12,000 $241.61 $2,899,356
Sale
Common Stock 6,306 $180.07 $1,135,515

RBC Bearings Incorporated

Mr. Patrick S. Bannon has made 7 insider trades between 2018-2021, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 12,000 units of ROLL stock on 2 Jun 2021. As of 9 Aug 2022 he still owns at least 18,583 units of ROLL stock.

Transaction Date Security Shares Price per share Total value Source
Option
Option to Purchase Common Stock 12,000 $126.56 $1,518,720
Option
Common Stock 12,000 $126.56 $1,518,720
Sale
Common Stock 12,000 $126.56 $1,518,720
Sale
Common Stock 2,163 $185.71 $401,699
Sale
Common Stock 1,373 N/A N/A
Sale
Common Stock 1,676 N/A N/A
Sale
Common Stock 1,168 N/A N/A
Sale
Common Stock 1,693 N/A N/A
Sale
Common Stock 447 N/A N/A

RBC Bearings Incorporated key executives

RBC Bearings Incorporated executives and other stock owners filed with the SEC: