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Last updated: 11 October 2023 at 7:36pm EST

Michael McGrath Net Worth




The estimated Net Worth of Michael E Mc Grath is at least $2.88 Million dollars as of 31 January 2022. Mr. Grath owns over 2,000 units of National Instruments stock worth over $2,522,459 and over the last 11 years he sold NATI stock worth over $0. In addition, he makes $359,111 as Independent Chairman of the Board at National Instruments.

Mr. McGrath NATI stock SEC Form 4 insiders trading

Michael has made over 4 trades of the National Instruments stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 2,000 units of NATI stock worth $82,000 on 31 January 2022.

The largest trade he's ever made was exercising 5,990 units of National Instruments stock on 1 May 2017 worth over $359,280. On average, Michael trades about 535 units every 130 days since 2014. As of 31 January 2022 he still owns at least 42,055 units of National Instruments stock.

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





Michael McGrath biography

Michael E. McGrath is Independent Chairman of the Board of the Company. Mr. McGrath is an experienced executive, director, entrepreneur and author. His areas of expertise include strategy, product development, decision-making techniques, supply chain, and autonomous vehicles. He served as a director of i2 Technologies, a supply chain management and software services company, from September 2004 to May 2008, and as its CEO and President from February 2005 to July 2007. He served on the board of directors of Entrust, Inc., from February 2007, and as Chairman of the Board starting in November 2008, until the company was sold in July 2009. He served as executive chairman of the board of The Thomas Group from February 2008 to March 2012, and as acting CEO for a period of time. The Thomas Group filed for bankruptcy protection in March 2012. He also served on the board of Sensable Technologies from 2000 until 2009 and served on the board of Revolution Analytics from 2014 until 2015. He was a founder and the Chief Executive Officer of Pittiglio Rabin Todd & McGrath, a global management consulting firm, for 28 years, retiring from the firm in July 2004. Mr. McGrath is the author of Autonomous Vehicles: Opportunities, Strategies, and Disruptions; Product Strategy for High-Technology Companies; Business Decisions!; and other books. Mr. McGrath received his bachelor’s degree in Computer Science from Boston College, and his master’s degree in Business Administration from Harvard Business School.

What is the salary of Michael McGrath?

As the Independent Chairman of the Board of National Instruments, the total compensation of Michael McGrath at National Instruments is $359,111. There are 11 executives at National Instruments getting paid more, with Alexander Davern having the highest compensation of $8,487,970.



How old is Michael McGrath?

Michael McGrath is 70, he's been the Independent Chairman of the Board of National Instruments since 2018. There are 1 older and 16 younger executives at National Instruments. The oldest executive at National Instruments Corp. is Charles Roesslein, 71, who is the Independent Director.

What's Michael McGrath's mailing address?

Michael's mailing address filed with the SEC is C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN, TX, 78759.

Insiders trading at National Instruments

Over the last 22 years, insiders at National Instruments have traded over $342,254,392 worth of National Instruments stock and bought 813,674 units worth $22,478,960 . The most active insiders traders include James J Truchard, James E Iii Cashman, and Jeffrey L Kodosky. On average, National Instruments executives and independent directors trade stock every 7 days with the average trade being worth of $629,190. The most recent stock trade was executed by Ritu Favre on 25 May 2023, trading 3,494 units of NATI stock currently worth $201,604.



What does National Instruments do?

since 1976, ni has made it possible for engineers and scientists to solve the world’s greatest engineering challenges with powerful, flexible technology solutions that accelerate productivity and drive rapid innovation. customers from a wide variety of industries—from healthcare to automotive and from consumer electronics to particle physics—use ni’s integrated hardware and software platform to improve the world we live in. ni empowers customers with off-the-shelf software such as labview and modular cost-effective hardware while selling to a broad base of more than 35,000 companies worldwide. not one industry represents more than 15 percent of revenue. headquartered in austin, texas, ni has approximately 6,400 employees and direct operations in more than 40 countries.



What does National Instruments's logo look like?

National Instruments Corp. logo

Complete history of Mr. Grath stock trades at National Instruments

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
31 Jan 2022 NATI National Instruments Corp. Michael E Mc Grath
Buy 2,000 $41.00 $82,000
31 Jan 2022
42,055 ↗
1 May 2020 NATI National Instruments Corp. Michael E Mc Grath
Option 1,253 $36.49 $45,722
1 May 2020
35,446 ↗
1 May 2017 NATI National Instruments Corp. Michael E Mc Grath
Option 5,990 $34.46 $206,415
1 May 2017
15,540 ↗
1 Aug 2014 NATI National Instruments Corp. Michael E Mc Grath
Buy 2,000 $31.63 $63,260
1 Aug 2014
2,000 ↗


National Instruments executives and stock owners

National Instruments executives and other stock owners filed with the SEC include: