Mark J. Penn
Net Worth

Last updated:

What is Mark J. Penn net worth?

The estimated net worth of Mr. Mark J. Penn is at least $100,016,513 as of 29 Feb 2024. He owns shares worth $14,270,387 as insider, has earned $79,106,126 from insider trading and has received compensation worth at least $6,640,000 in Stagwell Inc..

What is the salary of Mark J. Penn?

Mr. Mark J. Penn salary is $1,660,000 per year as Chairman & Chief Executive Officer in Stagwell Inc..

How old is Mark J. Penn?

Mr. Mark J. Penn is 71 years old, born in 1954.

What stocks does Mark J. Penn currently own?

As insider, Mr. Mark J. Penn owns shares in one company:

Company Title Shares Price per share Total value
Stagwell Inc. (STGW) Chairman & Chief Executive Officer 2,490,469 $5.73 $14,270,387

What does Stagwell Inc. do?

Stagwell Inc. provides digital transformation, performance media and data, consumer insights and strategy, and creativity and communications services. The company operates through three segments: Integrated Agencies Network, Media Network, and Communications Network. It designs and builds digital platforms and experiences that support the delivery of content, commerce, service, and sales; creates websites, mobile applications, back-end systems, content and data management systems, and other digital environments; designs and implements technology and data strategies; and develops software and related technology products, including cookie-less data platforms for audience targeting and activation, software tools for e-commerce applications, and text messaging applications for consumer engagement. The company also provides media buying and planning services; and strategic insights and guidance services that offers business content, product, communications, and media strategies. In addition, it offers strategy development, advertising creation, live events, cross platform engagement, and social media content services; and leadership, social media, executive positioning and visibility, strategic communication, public relation, and public affair services. Further, the company provides influencer marketing, brand insights, communications technology, and augmented reality services for in-house marketers, as well as tech-driven solutions. Stagwell Inc. is headquartered in New York, New York.

Mark J. Penn insider trading

Stagwell Inc.

Mr. Mark J. Penn has made 2 insider trades between 2021-2024, according to the Form 4 filled with the SEC. Most recently he purchased 10,000 units of STGW stock worth $52,760 on 29 Feb 2024.

The largest trade he's ever made was exercising 15,155,141 units of STGW stock on 2 Feb 2022. As of 29 Feb 2024 he still owns at least 2,490,469 units of STGW stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Class A Common Stock 10,000 $5.28 $52,760
Purchase
Class A Common Stock 10,000 $5.2 $52,000
Option
Class A Common Stock 500,000 $2.19 $1,095,000
Option
Stock Appreciation Rights 500,000 $2.19 $1,095,000
Option
Class A Common Stock 500,000 $2.19 $1,095,000
Option
Stock Appreciation Rights 500,000 $2.19 $1,095,000
Option
Stock Appreciation Rights 500,000 $2.19 $1,095,000
Option
Class A Common Stock 500,000 $2.19 $1,095,000
Sale
Class A Common Stock 304,577 $6.43 $1,958,126
Sale
Class A Common Stock 12,000,000 $6.43 $77,148,000
Option
Class A Common Stock 3,466,624 N/A N/A
Option
Class C Common Stock 3,466,624 N/A N/A
Option
Class A Common Stock 25,553 N/A N/A
Option
Class C Common Stock 25,553 N/A N/A
Option
Class A Common Stock 25,553 N/A N/A
Option
Class C Common Stock 25,553 N/A N/A
Option
Class C Common Stock 388,122 N/A N/A
Option
Class A Common Stock 15,155,141 N/A N/A
Option
Class C Common Stock 15,155,141 N/A N/A
Purchase
Class A Common Stock 15,000 $6.66 $99,900
Purchase
Class A Common Stock 5,000 $6.45 $32,250
Purchase
Class A Common Stock 10,000 $6.01 $60,100

Stagwell key executives

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