Last updated: 21 June 2024 at 4:57pm EST

Timothy Burns Net Worth




The estimated Net Worth of Timothy Burns is at least $1.26 Million dollars as of 15 May 2023. Mr. Burns owns over 2,500 units of Ideal Power Inc stock worth over $386,047 and over the last 11 years he sold IPWR stock worth over $0. In addition, he makes $870,591 as Chief Financial Officer, Treasurer, and Secretary at Ideal Power Inc.

Mr. Burns IPWR stock SEC Form 4 insiders trading

Timothy has made over 4 trades of the Ideal Power Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he bought 2,500 units of IPWR stock worth $23,100 on 15 May 2023.

The largest trade he's ever made was buying 10,000 units of Ideal Power Inc stock on 27 November 2013 worth over $50,000. On average, Timothy trades about 1,331 units every 216 days since 2013. As of 15 May 2023 he still owns at least 53,767 units of Ideal Power Inc stock.

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





Timothy Burns biography

Timothy W. Burns is Chief Financial Officer, Treasurer, Secretary., Mr. Burns was employed by Rainmaker Systems, Inc., a publicly traded company, from November 2010 until February 2013, first as the company’s Controller and, beginning in April 2011, as its Chief Financial Officer. Prior to his employment with Rainmaker Systems, Inc., Mr. Burns was employed by Dean Foods Company, a publicly traded company, from 2001 until November 2010. Mr. Burns began with Dean Foods Company as a Financial Analyst, was made Senior Financial Analyst in 2003, SEC Reporting Manager in 2006, Assistant Controller in 2007 and was promoted to Director of Corporate Accounting in 2008. From 1998 to 2001, Mr. Burns was employed by Deloitte & Touche, LLP as an auditor. Mr. Burns has a Master’s Degree in Professional Accounting from the University of Texas and a Bachelor’s Degree in Accounting from the University of Southern California. He is a public accountant certified in Texas.

What is the salary of Timothy Burns?

As the Chief Financial Officer, Treasurer, and Secretary of Ideal Power Inc, the total compensation of Timothy Burns at Ideal Power Inc is $870,591. There are 1 executives at Ideal Power Inc getting paid more, with R. Daniel Brdar having the highest compensation of $2,454,020.



How old is Timothy Burns?

Timothy Burns is 41, he's been the Chief Financial Officer, Treasurer, and Secretary of Ideal Power Inc since 2013. There are 6 older and no younger executives at Ideal Power Inc. The oldest executive at Ideal Power Inc is Lon Bell, 77, who is the Chairman of the Board.

What's Timothy Burns's mailing address?

Timothy's mailing address filed with the SEC is 5508 HIGHWAY 290 WEST, SUITE 120, AUSTIN, TX, 78735.

Insiders trading at Ideal Power Inc

Over the last 11 years, insiders at Ideal Power Inc have traded over $1,065,998 worth of Ideal Power Inc stock and bought 1,638,081 units worth $8,463,569 . The most active insiders traders include Investment Company, Inc. Awm, Mark L Baum, and Lon E Bell. On average, Ideal Power Inc executives and independent directors trade stock every 77 days with the average trade being worth of $305,509. The most recent stock trade was executed by Timothy Burns on 15 May 2023, trading 2,500 units of IPWR stock currently worth $23,100.



What does Ideal Power Inc do?

ideal power has invented, patented and commercialized a revolutionary new technology that significantly improves the weight, size, cost, efficiency and reliability of electronic power converters - the conduits to modern energy. based on patented power packet switching architecture™ (ppsa) that uses a standard lightweight hardware design and embedded application-specific software, ideal power serves the multi-billion dollar power conversion markets of renewable energy, electrical energy efficiency, smart grids and electric vehicles. ideal power products include solar inverters, bi-directional battery and electric vehicle chargers, all built on the same lightweight universal power converter platform™.



What does Ideal Power Inc's logo look like?

Ideal Power Inc logo

Complete history of Mr. Burns stock trades at Ideal Power Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
15 May 2023 Timothy Burns
CFO
Buy 2,500 $9.24 $23,100
15 May 2023
53,767
3 Mar 2017 Timothy Burns
CFO
Buy 7,800 $2.54 $19,812
3 Mar 2017
18,800
14 Mar 2016 Timothy Burns
CFO
Buy 1,000 $4.25 $4,250
14 Mar 2016
11,000
27 Nov 2013 Timothy Burns
CFO
Buy 10,000 $5.00 $50,000
27 Nov 2013
10,000


Ideal Power Inc executives and stock owners

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