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Last updated: 14 May 2021 at 9:18pm EST

Robert Ripp Net Worth




The estimated Net Worth of Robert Ripp is at least $1.77 Million dollars as of 12 May 2021. Mr. Ripp owns over 419,176 units of Lightpath Technologies stock worth over $1,319,564 and over the last 21 years he sold LPTH stock worth over $0. In addition, he makes $447,296 as Independent Chairman of the Board at Lightpath Technologies.

Mr. Ripp LPTH stock SEC Form 4 insiders trading

Robert has made over 6 trades of the Lightpath Technologies stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 419,176 units of LPTH stock worth $463,189 on 12 May 2021.

The largest trade he's ever made was exercising 419,176 units of Lightpath Technologies stock on 12 May 2021 worth over $463,189. On average, Robert trades about 8,284 units every 45 days since 2003. As of 12 May 2021 he still owns at least 1,194,176 units of Lightpath Technologies stock.

You can see the complete history of Mr. Ripp stock trades at the bottom of the page.





Robert Ripp biography

Robert M. Ripp serves as Independent Chairman of the Board of the Company. He has served as one of our directors since 1999 and as Chairman of the Board since November 1999. During portions of fiscal year 2002, he also served as our Interim President and Chief Executive Officer. Previously, Mr. Ripp served on the board of directors of Ace Limited (“Ace”) from March 1993 to June 2016. In January 2016, Ace announced its acquisition of Chubb Limited and changed its name to Chubb Limited. Mr. Ripp also previously served on the board of directors of PPG Industries (“PPG”) from March 2003 to June 2016 and Axiall Corporation (“Axiall”) from February 2013 to June 2016. Ace, PPG, and Axiall all are listed on the New York Stock Exchange. Mr. Ripp has previous management experience, including serving as AMP Incorporated’s Chairman and Chief Executive Officer from August 1998 until April 1999 and as Vice President and Treasurer of IBM of Armonk, New York from 1989 to 1993. Mr. Ripp graduated from Iona College and earned a Master’s degree in Business Administration from New York University. Mr. Ripp’s extensive business, executive management, and financial expertise gained from various executive positions coupled with his ability to provide leadership skills to access strategic plans, business operational performance, and potential mergers and acquisitions, qualify him for service as one of our directors.

What is the salary of Robert Ripp?

As the Independent Chairman of the Board of Lightpath Technologies, the total compensation of Robert Ripp at Lightpath Technologies is $447,296. There are 1 executives at Lightpath Technologies getting paid more, with Shmuel Rubin having the highest compensation of $467,340.



How old is Robert Ripp?

Robert Ripp is 78, he's been the Independent Chairman of the Board of Lightpath Technologies since 1999. There are no older and 9 younger executives at Lightpath Technologies.

What's Robert Ripp's mailing address?

Robert's mailing address filed with the SEC is 2603 CHALLENGER TECH COURT, SUITE 100, ORLANDO, FL, 32826.

Insiders trading at Lightpath Technologies

Over the last 21 years, insiders at Lightpath Technologies have traded over $52,645 worth of Lightpath Technologies stock and bought 735,769 units worth $2,177,690 . The most active insiders traders include Robert A Bruggeworth, Robert Ripp, and Steven E Creviston. On average, Lightpath Technologies executives and independent directors trade stock every 70 days with the average trade being worth of $30,113. The most recent stock trade was executed by Louis Leeburg on 30 April 2024, trading 502,109 units of LPTH stock currently worth $554,830.



What does Lightpath Technologies do?

lightpath technologies is a recognized leader in optics and photonics solutions, serving blue chip customers in the industrial, defense, telecommunications, testing and measurement, and medical industries, for over 25 years. lightpath designs, manufactures, and distributes optical and infrared components including molded glass aspheric lenses and assemblies, infrared lenses and thermal imaging assemblies, fused fiber collimators, and gradient index gradium® lenses. lightpath also offers custom optical assemblies, including full engineering design support for both optics and mechanics. this allows for the highest level of optical integration, lower cost, and ensures the highest level of quality, performance and manufacturability. lightpath is an iso 9001:2008 certified supplier and a 2012 recipient of the william c. schwartz industry innovation award. lightpath was chosen for the award based on its pioneering work in developing infrared optics manufacturing technologies. from concep



What does Lightpath Technologies's logo look like?

Lightpath Technologies, Inc. logo

Complete history of Mr. Ripp stock trades at Lightpath Technologies, PPG Industries, and Safeguard Scientifics

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
12 May 2021 LPTH Lightpath Technologies, Inc. Robert Ripp
Option 419,176 $2.24 $938,954
12 May 2021
1,194,176 ↗
5 Jun 2019 LPTH Lightpath Technologies, Inc. Robert Ripp
Buy 51,249 $1.00 $51,249
5 Jun 2019
775,000 ↗
27 Dec 2017 LPTH Lightpath Technologies, Inc. Robert Ripp
Option 30,000 $1.86 $55,800
27 Dec 2017
723,751 ↗
21 Dec 2016 LPTH Lightpath Technologies, Inc. Robert Ripp
Buy 82,644 $1.21 $99,999
21 Dec 2016
693,751 ↗
31 Jan 2013 PPG PPG Industries, Inc. Robert Ripp
Director
 Sale 74 $68.94 $5,102
31 Jan 2013
1,175 ↗
23 Jul 2012 PPG PPG Industries, Inc. Robert Ripp
Director
 Option 5,000 $65.34 $326,700
23 Jul 2012
6,249 ↗


Lightpath Technologies executives and stock owners

Lightpath Technologies executives and other stock owners filed with the SEC include: