Last updated: 2 August 2024 at 4:54pm EST

George McNamee Net Worth




The estimated Net Worth of George C Mcnamee is at least $1.57 Million dollars as of 1 August 2024. Mr. Mcnamee owns over 10,000 units of Plug Power Inc stock worth over $1,325,881 and over the last 21 years he sold PLUG stock worth over $49,300. In addition, he makes $197,413 as Independent Chairman of the Board at Plug Power Inc.

Mr. McNamee PLUG stock SEC Form 4 insiders trading

George has made over 18 trades of the Plug Power Inc stock since 2010, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of PLUG stock worth $23,700 on 1 August 2024.

The largest trade he's ever made was buying 200,000 units of Plug Power Inc stock on 7 September 2017 worth over $440,000. On average, George trades about 5,359 units every 36 days since 2003. As of 1 August 2024 he still owns at least 683,444 units of Plug Power Inc stock.

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





George McNamee biography

George C. McNamee is Independent Chairman of the Board of the Plug Power Inc. He was previously Chairman of First Albany Companies Inc. and a Managing Partner of FA Tech Ventures, an information and energy technology venture capital firm. As an executive and director of numerous companies, Mr. McNamee has navigated technological change, rapid- growth, crisis management, team building and strategy. As a public company director, Mr. McNamee has led board special committees, chaired audit committees, chaired three boards and has been an active lead director. Mr. McNamee has previously served on several public company boards, including the boards of Mechanical Technology Inc. and the Home Shopping Network. He has been an early stage investor, director and mentor for private companies that subsequently went public including MapInfo (now Pitney Bowes), META Group (now Gartner Group) and iRobot Corporation, where he served as a director from 1999 to 2016 and as lead director for the last 11 of those years. In 2011, Mr. McNamee was the first history major awarded the Yale Science and Engineering Association Distinguished Service Award. He served as a NYSE director from 1999 to 2004 and chaired its foundation. In the aftermath of the 1987 stock market crash, he chaired the Group of Thirty Committee to reform the Clearance and Settlement System. Mr. McNamee has been active as a director or trustee of civic organizations including The Albany Academies and Albany Medical Center, whose Finance Committee he chaired for 12 years. He is also a director of several private companies, a Sterling Fellow of Yale University and a Trustee of The American Friends of Eton College. He conceived and co-authored a book on the Chicago Conspiracy Trial. He received his Bachelor of Arts degree from Yale University.

What is the salary of George McNamee?

As the Independent Chairman of the Board of Plug Power Inc, the total compensation of George McNamee at Plug Power Inc is $197,413. There are 11 executives at Plug Power Inc getting paid more, with Andrew Marsh having the highest compensation of $3,695,570.



How old is George McNamee?

George McNamee is 73, he's been the Independent Chairman of the Board of Plug Power Inc since 1997. There are 1 older and 19 younger executives at Plug Power Inc. The oldest executive at Plug Power Inc is Gary Willis, 74, who is the Independent Director.

What's George McNamee's mailing address?

George's mailing address filed with the SEC is C/O PLUG POWER INC., 125 VISTA BOULEVARD, SLINGERLANDS, NY, 12159.

Insiders trading at Plug Power Inc

Over the last 22 years, insiders at Plug Power Inc have traded over $15,962,578,249,169 worth of Plug Power Inc stock and bought 3,254,709 units worth $12,854,701 . The most active insiders traders include Austin W & Greenhouse David..., Andrew Marsh, and Sa Axane. On average, Plug Power Inc executives and independent directors trade stock every 48 days with the average trade being worth of $634,564. The most recent stock trade was executed by George C Mcnamee on 1 August 2024, trading 10,000 units of PLUG stock currently worth $23,700.



What does Plug Power Inc do?

the powerhouse in hydrogen fuel cell technology, plug power is revolutionizing the industry with cost-effective solutions that increase productivity, lower operating costs and reduce carbon footprints. its signature solution, genkey, provides an all-inclusive package for customers, incorporating genfuel hydrogen and fueling infrastructure, gencare aftermarket service and a market-specific fuel cell system. plug power maintains two system-product brands: relion, a modular, scalable fuel cell product for customers seeking solutions in critical stationary power applications; and gendrive, a lead-acid battery replacement used in electric lift trucks in high-throughput material handling applications. with more than 6,500 gendrive units deployed to material handling customers, accumulating more than 100 million hours of runtime, plug power manufactures tomorrow’s incumbent power solutions today, so customers can powerahead.



What does Plug Power Inc's logo look like?

Plug Power Inc logo

Complete history of Mr. Mcnamee stock trades at Irobot Corp and Plug Power Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
1 Aug 2024 George C Mcnamee
Director
Sale 10,000 $2.37 $23,700
1 Aug 2024
683,444
10 May 2024 George C Mcnamee
Director
Sale 10,000 $2.56 $25,600
10 May 2024
639,572
12 Jan 2021 George C Mcnamee
Director
Option 20,000 $1.95 $39,000
12 Jan 2021
899,390
8 Jan 2021 George C Mcnamee
Director
Option 10,000 $1.76 $17,600
8 Jan 2021
899,390
6 Jan 2021 George C Mcnamee
Director
Option 10,000 $1.76 $17,600
6 Jan 2021
899,390
9 Nov 2020 George C Mcnamee
Director
Option 30,000 $2.62 $78,600
9 Nov 2020
919,058
8 Oct 2020 George C Mcnamee
Director
Option 45,000 $2.41 $108,450
8 Oct 2020
934,058
6 Aug 2020 George C Mcnamee
Director
Option 65,000 $1.93 $125,450
6 Aug 2020
953,219
13 Jul 2020 George C Mcnamee
Director
Option 1,500 $5.10 $7,650
13 Jul 2020
889,719
18 Mar 2019 George C Mcnamee
Director
Buy 100,000 $2.34 $234,000
18 Mar 2019
826,282
7 Sep 2017 George C Mcnamee
Director
Buy 200,000 $2.20 $440,000
7 Sep 2017
661,131
31 May 2011 George C Mcnamee
Director
Buy 40,000 $2.42 $96,800
31 May 2011
91,096
19 Mar 2010 George C Mcnamee
Director
Buy 160,146 $0.61 $97,689
19 Mar 2010
461,854
27 Oct 2015 George C Mcnamee
Director
Option 30,000 $24.00 $720,000
27 Oct 2015
116,192
12 May 2015 George C Mcnamee
Director
Option 10,000 $14.05 $140,500
12 May 2015
92,795
26 Mar 2015 George C Mcnamee
Director
Option 10,000 $24.00 $240,000
26 Mar 2015
92,795
27 May 2014 George C Mcnamee
Director
Option 10,000 $19.85 $198,500
27 May 2014
89,552
29 Apr 2013 George C Mcnamee
Director
Option 10,000 $16.46 $164,600
29 Apr 2013
87,880


Plug Power Inc executives and stock owners

Plug Power Inc executives and other stock owners filed with the SEC include: