Last updated: 7 July 2023 at 6:03pm EST

Lawrence Skatoff Net Worth




The estimated Net Worth of Lawrence B Skatoff is at least $1.41 Million dollars as of 9 December 2022. Mr. Skatoff owns over 2,000 units of Methode Electronics stock worth over $390,801 and over the last 15 years he sold MEI stock worth over $860,672. In addition, he makes $159,280 as Independent Director at Methode Electronics.

Mr. Skatoff MEI stock SEC Form 4 insiders trading

Lawrence has made over 10 trades of the Methode Electronics stock since 2016, according to the Form 4 filled with the SEC. Most recently he sold 2,000 units of MEI stock worth $93,800 on 9 December 2022.

The largest trade he's ever made was selling 7,000 units of Methode Electronics stock on 7 December 2020 worth over $261,380. On average, Lawrence trades about 795 units every 81 days since 2009. As of 9 December 2022 he still owns at least 39,435 units of Methode Electronics stock.

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





Lawrence Skatoff biography

Lawrence B. Skatoff serves as Independent Director of the Company. Mr. Skatoff retired in 2001 as Executive Vice President and Chief Financial Officer of BorgWarner Inc. Prior to joining BorgWarner Inc., Mr. Skatoff was Senior Vice President and Chief Financial Officer of Premark International, Inc. from 1991 through 1999. Before joining Premark, Mr. Skatoff was Vice President-Finance of Monsanto Company. Mr. Skatoff’s executive experience and financial background bring valuable perspectives to our Board.

What is the salary of Lawrence Skatoff?

As the Independent Director of Methode Electronics, the total compensation of Lawrence Skatoff at Methode Electronics is $159,280. There are 13 executives at Methode Electronics getting paid more, with Donald W. Duda having the highest compensation of $2,726,554.



How old is Lawrence Skatoff?

Lawrence Skatoff is 80, he's been the Independent Director of Methode Electronics since 2004. There are no older and 20 younger executives at Methode Electronics.

What's Lawrence Skatoff's mailing address?

Lawrence's mailing address filed with the SEC is 8750 W BRYN MAWR AVE., SUITE 1000, CHICAGO, IL, 60631.

Insiders trading at Methode Electronics

Over the last 18 years, insiders at Methode Electronics have traded over $34,205,417 worth of Methode Electronics stock and bought 379,349 units worth $6,595,025 . The most active insiders traders include Donald W Duda, Jonathan B De Gaynor, and Thomas D Reynolds. On average, Methode Electronics executives and independent directors trade stock every 42 days with the average trade being worth of $163,089. The most recent stock trade was executed by Donald W Duda on 21 September 2023, trading 23,245 units of MEI stock currently worth $506,741.



What does Methode Electronics do?

methode electronics, inc. (nyse: mei) is an international engineering company headquartered in chicago, il. methode was founded in 1946 as a single-product manufacturer and has since expanded its business into industrial design, distribution and professional services. here at methode, we utilize technical capabilities to develop custom-engineered application-specific products and solutions for a variety of markets and customers. this includes the industries of automotive, big data, white goods, aerospace & defense, consumer electronics and healthcare. for additional information, visit methode.com.



What does Methode Electronics's logo look like?

Methode Electronics, Inc. logo

Complete history of Mr. Skatoff stock trades at Methode Electronics

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
9 Dec 2022 Lawrence B Skatoff
Director
Sale 2,000 $46.90 $93,800
9 Dec 2022
39,435
17 Dec 2021 Lawrence B Skatoff
Director
Sale 800 $44.89 $35,912
17 Dec 2021
37,550
1 Oct 2021 Lawrence B Skatoff
Director
Sale 1,955 $42.66 $83,400
1 Oct 2021
38,350
24 Sep 2021 Lawrence B Skatoff
Director
Sale 2,000 $42.80 $85,600
24 Sep 2021
40,305
7 Dec 2020 Lawrence B Skatoff
Director
Sale 7,000 $37.34 $261,380
7 Dec 2020
39,350
13 Mar 2020 Lawrence B Skatoff
Director
Sale 1,000 $26.47 $26,470
13 Mar 2020
43,350
18 Dec 2018 Lawrence B Skatoff
Director
Sale 1,000 $23.16 $23,160
18 Dec 2018
41,350
20 Dec 2016 Lawrence B Skatoff
Director
Sale 3,000 $42.83 $128,490
20 Dec 2016
36,350
23 Sep 2016 Lawrence B Skatoff
Director
Sale 500 $34.92 $17,460
23 Sep 2016
39,350
21 Sep 2016 Lawrence B Skatoff
Director
Sale 3,000 $35.00 $105,000
21 Sep 2016
39,850


Methode Electronics executives and stock owners

Methode Electronics executives and other stock owners filed with the SEC include: