Last updated: 26 August 2024 at 4:33pm EST

Steven Hedlund Net Worth




The estimated Net Worth of Steven B Hedlund is at least $12 Million dollars as of 7 December 2023. Mr. Hedlund owns over 12,880 units of Lincoln Electric stock worth over $9,327,116 and over the last 13 years he sold LECO stock worth over $851,812. In addition, he makes $1,867,070 as Executive Vice President and President of Americas Welding and International Welding Segments at Lincoln Electric.

Mr. Hedlund LECO stock SEC Form 4 insiders trading

Steven has made over 13 trades of the Lincoln Electric stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 12,880 units of LECO stock worth $1,122,363 on 7 December 2023.

The largest trade he's ever made was exercising 12,880 units of Lincoln Electric stock on 7 December 2023 worth over $1,122,363. On average, Steven trades about 1,225 units every 74 days since 2011. As of 7 December 2023 he still owns at least 53,001 units of Lincoln Electric stock.

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





Steven Hedlund biography

Steven B. Hedlund serves as Executive Vice President and President of Americas Welding and International Welding Segments of the Company. Mr. Hedlund joined Lincoln Electric in 2008 and has served as Executive Vice President, President of International Welding since 2017. He previously served as President of Global Automation and as Vice President, Strategy and Business Development. Prior to Lincoln Electric, Mr. Hedlund was with Fortune Brands, Inc., where he was Vice President of Growth and Innovation for the Company's Master Lock subsidiary and Vice President, Strategic Planning and New Business Development for Fortune's Home and Hardware Group. Previously, he was a principal with the management consulting firm Booz Allen & Hamilton in Cleveland, Ohio. Mr. Hedlund earned a bachelor's degree and an MBA from Dartmouth College.

What is the salary of Steven Hedlund?

As the Executive Vice President and President of Americas Welding and International Welding Segments of Lincoln Electric, the total compensation of Steven Hedlund at Lincoln Electric is $1,867,070. There are 3 executives at Lincoln Electric getting paid more, with Christopher Mapes having the highest compensation of $6,981,970.



How old is Steven Hedlund?

Steven Hedlund is 53, he's been the Executive Vice President and President of Americas Welding and International Welding Segments of Lincoln Electric since 2020. There are 18 older and 9 younger executives at Lincoln Electric. The oldest executive at Lincoln Electric Holdings, Inc. is G. Russell Lincoln, 73, who is the Independent Director.

What's Steven Hedlund's mailing address?

Steven's mailing address filed with the SEC is 22801 SAINT CLAIR AVENUE, , CLEVELAND, OH, 44117.

Insiders trading at Lincoln Electric

Over the last 22 years, insiders at Lincoln Electric have traded over $35,006,268 worth of Lincoln Electric stock and bought 10,000 units worth $439,950 . The most active insiders traders include Christopher L Mapes, John M Stropki, and Henry L Iii Meyer. On average, Lincoln Electric executives and independent directors trade stock every 25 days with the average trade being worth of $2,280,173. The most recent stock trade was executed by Michael J Whitehead on 6 September 2024, trading 1,100 units of LECO stock currently worth $193,556.



What does Lincoln Electric do?

lincoln electric is the world leader in arc welding, robotic welding systems, plasma and oxyfuel cutting equipment and brazing and soldering alloys. headquartered in cleveland, ohio, lincoln has a worldwide network of manufacturing, distribution, sales and technical support covering more than 160 countries. for more information about lincoln electric and its products and services, visit the company's website at http://www.lincolnelectric.com.



What does Lincoln Electric's logo look like?

Lincoln Electric Holdings, Inc. logo

Complete history of Mr. Hedlund stock trades at Lincoln Electric

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
7 Dec 2023 Steven B Hedlund
President and CEO
Option 12,880 $87.14 $1,122,363
7 Dec 2023
53,001
13 Jun 2023 Steven B Hedlund
President and CEO
Sale 2,180 $195.77 $426,779
13 Jun 2023
38,942
11 May 2023 Steven B Hedlund
President and CEO
Option 8,235 $58.14 $478,783
11 May 2023
49,357
23 Nov 2022 Steven B Hedlund
President and CEO
Option 5,991 $69.67 $417,393
23 Nov 2022
42,834
15 Nov 2022 Steven B Hedlund
President and CEO
Option 164 $69.67 $11,426
15 Nov 2022
37,007
3 Dec 2020 Steven B Hedlund
President and CEO
Option 5,860 $71.30 $417,818
3 Dec 2020
34,848
6 Dec 2019 Steven B Hedlund
President and CEO
Option 6,530 $47.91 $312,852
6 Dec 2019
31,897
28 Oct 2019 Steven B Hedlund
President and CEO
Option 6,010 $35.55 $213,656
28 Oct 2019
31,377
15 Jun 2017 Steven B Hedlund
President and CEO
Sale 4,502 $94.41 $425,034
15 Jun 2017
21,049
1 Dec 2016 Steven B Hedlund
President and CEO
Option 5,580 $31.32 $174,766
1 Dec 2016
28,471
5 Mar 2013 Steven B Hedlund
President and CEO
Option 2,916 $33.38 $97,336
5 Mar 2013
15,878
10 Dec 2012 Steven B Hedlund
President and CEO
Option 5,460 $26.36 $143,926
10 Dec 2012
16,739
27 Apr 2012 Steven B Hedlund
President and CEO
Option 3,520 $21.99 $77,405
27 Apr 2012
14,766


Lincoln Electric executives and stock owners

Lincoln Electric executives and other stock owners filed with the SEC include: