Last updated: 15 May 2024 at 4:34pm EST

Eric Palomaki Net Worth




The estimated Net Worth of Eric Palomaki is at least $3.11 Million dollars as of 28 September 2023. Mr. Palomaki owns over 5,000 units of Core Molding Technologies stock worth over $2,294,438 and over the last 6 years he sold CMT stock worth over $339,986. In addition, he makes $470,902 as Executive Vice President - Operations at Core Molding Technologies.

Mr. Palomaki CMT stock SEC Form 4 insiders trading

Eric has made over 18 trades of the Core Molding Technologies stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 5,000 units of CMT stock worth $142,600 on 28 September 2023.

The largest trade he's ever made was exercising 11,854 units of Core Molding Technologies stock on 10 May 2023 worth over $241,110. On average, Eric trades about 1,591 units every 52 days since 2018. As of 28 September 2023 he still owns at least 128,612 units of Core Molding Technologies stock.

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





Eric Palomaki biography

Eric L. Palomaki serves as Executive Vice President - Operations of the Company. Eric L. Palomaki joined the company on September 19, 2018, and was appointed to the position of Vice President of Operations. Prior to joining Core, Mr. Palomaki was the Vice President of Advanced Manufacturing Engineering from 2013 to 2017 at Acuity Brands Lighting, a commercial lighting company with 12,000 employees generating $3.5 billion annually. Prior to Acuity Brands, Mr. Palomaki served in multiple roles in the automotive industry for North American Lighting in 2012 and 2013, and TRW Automotive from 2007 to 2012. Mr. Palomaki holds a Master of Business Administration from Jack Welch Management Institute, and a Bachelor of Science, Mechanical Engineering from Rensselaer Polytechnic Institute.

What is the salary of Eric Palomaki?

As the Executive Vice President - Operations of Core Molding Technologies, the total compensation of Eric Palomaki at Core Molding Technologies is $470,902. There are 4 executives at Core Molding Technologies getting paid more, with David Duvall having the highest compensation of $994,966.



How old is Eric Palomaki?

Eric Palomaki is 37, he's been the Executive Vice President - Operations of Core Molding Technologies since 2018. There are 13 older and no younger executives at Core Molding Technologies. The oldest executive at Core Molding Technologies is Ralph Hellmold, 79, who is the Independent Director.

What's Eric Palomaki's mailing address?

Eric's mailing address filed with the SEC is 800, Manor Park Drive, Columbus, Franklin, Ohio, 43228, United States.

Insiders trading at Core Molding Technologies

Over the last 21 years, insiders at Core Molding Technologies have traded over $42,976,509 worth of Core Molding Technologies stock and bought 301,534 units worth $3,999,478 . The most active insiders traders include Truck & Engine Corp Interna..., James L Simonton, and David L. Duvall. On average, Core Molding Technologies executives and independent directors trade stock every 29 days with the average trade being worth of $398,082. The most recent stock trade was executed by Renee R Anderson on 30 August 2024, trading 405 units of CMT stock currently worth $7,290.



What does Core Molding Technologies do?

core molding technologies, inc. is a manufacturer of sheet molding compound (smc) and molder of fiberglass reinforced plastics. core specializes in large-format moldings and offers a wide range of fiberglass processes, including compression molding of smc, glass mat thermoplastics (gmt) and bulk molding compounds (bmc); spray-up, lay-up, resin transfer (rtm) and vacuum resin transfer molding (v-rtm). additionally, the company offers liquid molding of dicyclopentadiene (dcpd). core serves a wide variety of markets, including the medium and heavy-duty truck, marine, automotive, and other commercial products. headquartered in columbus, ohio, core maintains plants in columbus and batavia, ohio; gaffney, south carolina and matamoros, mexico. for further information, visit the company's website at www.coremt.com.



What does Core Molding Technologies's logo look like?

Core Molding Technologies logo

Complete history of Mr. Palomaki stock trades at Core Molding Technologies

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
28 Sep 2023 Eric Palomaki
EVP and Operations
Sale 5,000 $28.52 $142,600
28 Sep 2023
128,612
14 Aug 2023 Eric Palomaki
EVP and Operations
Sale 7,289 $27.08 $197,386
14 Aug 2023
133,612
10 May 2023 Eric Palomaki
EVP and Operations
Option 11,854 $20.34 $241,110
10 May 2023
162,843
9 Nov 2021 Eric Palomaki
EVP and Operations
Buy 1,000 $9.80 $9,800
9 Nov 2021
111,325
11 Jun 2021 Eric Palomaki
EVP and Operations
Buy 3,001 $13.13 $39,403
11 Jun 2021
109,717
8 Jun 2021 Eric Palomaki
EVP and Operations
Buy 780 $12.75 $9,945
8 Jun 2021
106,716
17 Mar 2021 Eric Palomaki
EVP and Operations
Buy 1,000 $11.64 $11,640
17 Mar 2021
89,480
9 Nov 2020 Eric Palomaki
EVP and Operations
Buy 1,000 $10.11 $10,110
9 Nov 2020
88,190
31 Aug 2020 Eric Palomaki
EVP and Operations
Buy 1,617 $6.13 $9,912
31 Aug 2020
85,843
19 May 2020 Eric Palomaki
EVP and Operations
Buy 1,000 $3.25 $3,250
19 May 2020
48,833
14 May 2020 Eric Palomaki
EVP and Operations
Buy 1,000 $3.17 $3,170
14 May 2020
47,833
17 Mar 2020 Eric Palomaki
EVP and Operations
Buy 6,000 $2.02 $12,120
17 Mar 2020
46,833
20 Nov 2019 Eric Palomaki
EVP and Operations
Buy 5,000 $3.13 $15,650
20 Nov 2019
38,874
17 Sep 2019 Eric Palomaki
EVP and Operations
Buy 1,000 $6.05 $6,050
17 Sep 2019
33,874
3 Sep 2019 Eric Palomaki
EVP and Operations
Buy 1,508 $6.14 $9,259
3 Sep 2019
32,874
29 Mar 2019 Eric Palomaki
EVP and Operations
Buy 700 $7.37 $5,159
29 Mar 2019
18,632
25 Mar 2019 Eric Palomaki
EVP and Operations
Buy 678 $7.17 $4,861
25 Mar 2019
17,932
20 Mar 2019 Eric Palomaki
EVP and Operations
Buy 1,497 $7.21 $10,793
20 Mar 2019
17,254


Core Molding Technologies executives and stock owners

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