Last updated: 26 August 2024 at 7:48pm EST

Adam Elsesser Net Worth




The estimated Net Worth of Adam Elsesser is at least $248 Million dollars as of 22 August 2024. Mr. Elsesser owns over 30,000 units of Penumbra Inc stock worth over $181,589,814 and over the last 9 years he sold PEN stock worth over $65,335,878. In addition, he makes $726,690 as Chairman of the Board and Chief Executive Officer at Penumbra Inc.

Mr. Elsesser PEN stock SEC Form 4 insiders trading

Adam has made over 64 trades of the Penumbra Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently he sold 30,000 units of PEN stock worth $6,095,700 on 22 August 2024.

The largest trade he's ever made was exercising 300,000 units of Penumbra Inc stock on 17 September 2015 worth over $171,000. On average, Adam trades about 22,295 units every 50 days since 2015. As of 22 August 2024 he still owns at least 897,582 units of Penumbra Inc stock.

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





Adam Elsesser biography

Adam Elsesser serves as Chairman of the Board, Chief Executive Officer of the Company. Penumbra and has served as Chief Executive Officer and a member of the Board since our inception in June 2004, as Chairman of the Board since January 2015, and as President from January 2015 until August 2019. Prior to Penumbra, Mr. Elsesser led SMART Therapeutics, Inc. (SMART Therapeutics), a medical device company focused on devices for neuro-intervention, as its Chief Executive Officer from 2000 to 2002 and, after its acquisition by Boston Scientific Corporation, as President of SMART Therapeutics within Boston Scientific Corporation from 2002 to 2005. Before his work in the medical device industry, Mr. Elsesser was a partner in the law firm of Shartsis Friese LLP. Mr. Elsesser received a B.A. from Stanford University and a J.D. from Hastings College of the Law. Mr. Elsesser brings to the Board his extensive knowledge of the Company, the medical device industry and the competitive landscape, as well as his expertise in building and commercializing medical devices.

What is the salary of Adam Elsesser?

As the Chairman of the Board and Chief Executive Officer of Penumbra Inc, the total compensation of Adam Elsesser at Penumbra Inc is $726,690. There are 2 executives at Penumbra Inc getting paid more, with Johanna Roberts having the highest compensation of $2,556,370.



How old is Adam Elsesser?

Adam Elsesser is 58, he's been the Chairman of the Board and Chief Executive Officer of Penumbra Inc since 2019. There are 4 older and 11 younger executives at Penumbra Inc. The oldest executive at Penumbra Inc is Don Kassing, 78, who is the Presiding Independent Director.

What's Adam Elsesser's mailing address?

Adam's mailing address filed with the SEC is ONE PENUMBRA PLACE, , ALAMEDA, CA, 94502.

Insiders trading at Penumbra Inc

Over the last 9 years, insiders at Penumbra Inc have traded over $197,637,326 worth of Penumbra Inc stock and bought 700 units worth $109,480 . The most active insiders traders include Adam Elsesser, Arani Bose, and James Robert Pray. On average, Penumbra Inc executives and independent directors trade stock every 9 days with the average trade being worth of $2,030,383. The most recent stock trade was executed by Harpreet Grewal on 4 September 2024, trading 782 units of PEN stock currently worth $159,614.



What does Penumbra Inc do?

penumbra is a specialty interventional therapies company that develops and markets innovative medical devices to treat challenging medical conditions with significant unmet clinical needs. we design our therapies to provide our specialist physician customers with improved clinical outcomes through faster and safer procedures at significant overall cost savings to the healthcare system. today we have over 1,000 employees with sales operations in north america, europe, australia and asia.



What does Penumbra Inc's logo look like?

Penumbra Inc logo

Complete history of Mr. Elsesser stock trades at Penumbra Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
22 Aug 2024 Adam Elsesser
CEO and President
Sale 30,000 $203.19 $6,095,700
22 Aug 2024
897,582
17 Jul 2024 Adam Elsesser
CEO and President
Sale 15,000 $202.52 $3,037,800
17 Jul 2024
927,582
20 May 2024 Adam Elsesser
CEO and President
Sale 15,000 $200.98 $3,014,700
20 May 2024
942,582
6 Mar 2024 Adam Elsesser
CEO and President
Option 5,000 $7.75 $38,750
6 Mar 2024
5,000
11 Oct 2023 Adam Elsesser
CEO and President
Option 9,670 $7.75 $74,943
11 Oct 2023
9,670
11 Sep 2023 Adam Elsesser
CEO and President
Option 9,666 $7.75 $74,912
11 Sep 2023
9,666
11 Aug 2023 Adam Elsesser
CEO and President
Option 9,666 $7.75 $74,912
11 Aug 2023
9,666
11 Jul 2023 Adam Elsesser
CEO and President
Option 9,666 $7.75 $74,912
11 Jul 2023
9,666
12 Jun 2023 Adam Elsesser
CEO and President
Option 9,666 $7.75 $74,912
12 Jun 2023
9,666
11 May 2023 Adam Elsesser
CEO and President
Option 9,666 $7.75 $74,912
11 May 2023
9,666
11 Jan 2022 Adam Elsesser
CEO and President
Option 14,500 $7.75 $112,375
11 Jan 2022
14,500
13 Dec 2021 Adam Elsesser
CEO and President
Option 14,500 $7.75 $112,375
13 Dec 2021
14,500
11 Nov 2021 Adam Elsesser
CEO and President
Option 14,500 $7.75 $112,375
11 Nov 2021
14,500
11 Oct 2021 Adam Elsesser
CEO and President
Option 14,500 $7.75 $112,375
11 Oct 2021
14,500
13 Sep 2021 Adam Elsesser
CEO and President
Option 14,500 $7.75 $112,375
13 Sep 2021
14,500
11 Aug 2021 Adam Elsesser
CEO and President
Option 14,500 $7.75 $112,375
11 Aug 2021
14,500
11 Dec 2020 Adam Elsesser
CEO and President
Sale 8,000 $190.70 $1,525,600
11 Dec 2020
957,582
11 Nov 2020 Adam Elsesser
CEO and President
Sale 8,000 $265.16 $2,121,280
11 Nov 2020
965,582
12 Oct 2020 Adam Elsesser
CEO and President
Sale 8,000 $212.64 $1,701,120
12 Oct 2020
973,582
11 Sep 2020 Adam Elsesser
CEO and President
Sale 8,000 $200.73 $1,605,840
11 Sep 2020
981,582
11 Aug 2020 Adam Elsesser
CEO and President
Sale 8,000 $232.15 $1,857,200
11 Aug 2020
989,582
13 Jul 2020 Adam Elsesser
CEO and President
Sale 8,000 $191.90 $1,535,200
13 Jul 2020
997,582
11 Jun 2020 Adam Elsesser
CEO and President
Sale 8,000 $166.88 $1,335,040
11 Jun 2020
1,005,582
11 May 2020 Adam Elsesser
CEO and President
Sale 8,000 $187.67 $1,501,360
11 May 2020
1,013,582
13 Apr 2020 Adam Elsesser
CEO and President
Sale 8,000 $157.81 $1,262,480
13 Apr 2020
1,021,582
9 Mar 2020 Adam Elsesser
CEO and President
Sale 8,000 $172.01 $1,376,080
9 Mar 2020
1,029,582
11 Dec 2019 Adam Elsesser
CEO and President
Sale 8,000 $156.64 $1,253,120
11 Dec 2019
1,050,982
11 Nov 2019 Adam Elsesser
CEO and President
Sale 8,000 $168.70 $1,349,600
11 Nov 2019
1,058,982
11 Oct 2019 Adam Elsesser
CEO and President
Sale 8,000 $146.06 $1,168,480
11 Oct 2019
1,066,982
11 Sep 2019 Adam Elsesser
CEO and President
Sale 8,000 $144.67 $1,157,360
11 Sep 2019
1,074,982
12 Aug 2019 Adam Elsesser
CEO and President
Sale 8,000 $149.24 $1,193,920
12 Aug 2019
1,082,982
11 Jul 2019 Adam Elsesser
CEO and President
Sale 8,000 $171.84 $1,374,720
11 Jul 2019
1,090,982
11 Jun 2019 Adam Elsesser
CEO and President
Sale 8,000 $165.08 $1,320,640
11 Jun 2019
1,097,982
13 May 2019 Adam Elsesser
CEO and President
Sale 8,000 $125.30 $1,002,400
13 May 2019
1,105,982
11 Apr 2019 Adam Elsesser
CEO and President
Sale 8,000 $141.58 $1,132,640
11 Apr 2019
1,113,982
11 Mar 2019 Adam Elsesser
CEO and President
Sale 8,000 $139.86 $1,118,880
11 Mar 2019
6,144
27 Nov 2017 Adam Elsesser
CEO and President
Sale 10,000 $103.95 $1,039,500
27 Nov 2017
1,115,838
22 Nov 2017 Adam Elsesser
CEO and President
Sale 10,135 $105.10 $1,065,189
22 Nov 2017
1,125,838
21 Nov 2017 Adam Elsesser
CEO and President
Sale 12,559 $107.16 $1,345,822
21 Nov 2017
1,135,973
16 Nov 2017 Adam Elsesser
CEO and President
Sale 62,862 $105.15 $6,609,939
16 Nov 2017
1,148,532
14 Nov 2017 Adam Elsesser
CEO and President
Sale 24,444 $105.83 $2,586,909
14 Nov 2017
1,211,394
10 Feb 2017 Adam Elsesser
CEO and President
Option 7,700 $1.26 $9,702
10 Feb 2017
1,237,438
7 Feb 2017 Adam Elsesser
CEO and President
Option 22,300 $1.26 $28,098
7 Feb 2017
1,244,838
2 Feb 2017 Adam Elsesser
CEO and President
Option 17,100 $1.26 $21,546
2 Feb 2017
1,240,438
30 Jan 2017 Adam Elsesser
CEO and President
Option 21,400 $1.26 $26,964
30 Jan 2017
1,240,038
25 Jan 2017 Adam Elsesser
CEO and President
Option 31,500 $1.26 $39,690
25 Jan 2017
1,241,338
25 Jan 2017 Adam Elsesser
CEO and President
Option 31,500 $1.26 $39,690
25 Jan 2017
1,241,338
7 Sep 2016 Adam Elsesser
CEO and President
Option 57,200 $1.26 $72,072
7 Sep 2016
1,243,038
7 Sep 2016 Adam Elsesser
CEO and President
Option 57,200 $1.26 $72,072
7 Sep 2016
1,243,038
1 Sep 2016 Adam Elsesser
CEO and President
Option 61,000 $1.26 $76,860
1 Sep 2016
1,270,838
1 Sep 2016 Adam Elsesser
CEO and President
Option 61,000 $1.26 $76,860
1 Sep 2016
1,270,838
29 Aug 2016 Adam Elsesser
CEO and President
Option 26,000 $1.26 $32,760
29 Aug 2016
1,244,138
29 Aug 2016 Adam Elsesser
CEO and President
Option 26,000 $1.26 $32,760
29 Aug 2016
1,244,138
25 Aug 2016 Adam Elsesser
CEO and President
Option 26,800 $1.26 $33,768
25 Aug 2016
1,253,838
25 Aug 2016 Adam Elsesser
CEO and President
Option 26,800 $1.26 $33,768
25 Aug 2016
1,253,838
22 Aug 2016 Adam Elsesser
CEO and President
Option 29,000 $1.26 $36,540
22 Aug 2016
1,244,738
22 Aug 2016 Adam Elsesser
CEO and President
Option 29,000 $1.26 $36,540
22 Aug 2016
1,244,738
17 Sep 2015 Adam Elsesser
CEO and President
Option 300,000 $0.57 $171,000
17 Sep 2015
1,300,000


Penumbra Inc executives and stock owners

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