Last updated: 22 January 2024 at 11:54am EST

Erik Gershwind Net Worth




The estimated Net Worth of Erik Gershwind is at least $177 Million dollars as of 18 January 2024. Mr. Gershwind owns over 60,939 units of MSC Industrial Direct Co stock worth over $106,863,456 and over the last 19 years he sold MSM stock worth over $66,105,619. In addition, he makes $3,871,790 as President, Chief Executive Officer, and Director at MSC Industrial Direct Co.

Mr. Gershwind MSM stock SEC Form 4 insiders trading

Erik has made over 95 trades of the MSC Industrial Direct Co stock since 2006, according to the Form 4 filled with the SEC. Most recently he sold 60,939 units of MSM stock worth $5,884,879 on 18 January 2024.

The largest trade he's ever made was selling 104,252 units of MSC Industrial Direct Co stock on 19 January 2018 worth over $9,795,518. On average, Erik trades about 9,211 units every 40 days since 2006. As of 18 January 2024 he still owns at least 1,371,099 units of MSC Industrial Direct Co stock.

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





Erik Gershwind biography

Erik Gershwind serves as President, Chief Executive Officer, Director of the Company. Mr. Gershwind served as our Executive Vice President and Chief Operating Officer and from October 2011 to January 2013, he served as our President and Chief Operating Officer. Mr. Gershwind was elected by the Board to serve as a director in October 2010. Previously, Mr. Gershwind served as our Senior Vice President, Product Management and Marketing from December 2005 and our Vice President of Product Management from April 2005. From August 2004 to April 2005, Mr. Gershwind served as Vice President of MRO and Inventory Management. Mr. Gershwind has held various positions of increasing responsibility in Product, e-Commerce and Marketing. Mr. Gershwind joined the company in 1996 as manager of our acquisition integration initiative. Mr. Gershwind has held senior management positions responsible for key business functions of the company and is a key contributor to our current strategy and success. In addition, as our Chief Executive Officer, he brings critical perspectives to our Board on our strategic direction and growth strategy. Mr. Gershwind is the nephew of Mitchell Jacobson, our Non-executive Chairman of the Board, and the son of Marjorie Gershwind Fiverson, Mr. Jacobson’s sister. Mr. Jacobson and Ms. Gershwind Fiverson are also our principal shareholders. There are no other family relationships among any of our directors or executive officers.

What is the salary of Erik Gershwind?

As the President, Chief Executive Officer, and Director of MSC Industrial Direct Co, the total compensation of Erik Gershwind at MSC Industrial Direct Co is $3,871,790. There are no executives at MSC Industrial Direct Co getting paid more.



How old is Erik Gershwind?

Erik Gershwind is 48, he's been the President, Chief Executive Officer, and Director of MSC Industrial Direct Co since 2013. There are 19 older and 3 younger executives at MSC Industrial Direct Co. The oldest executive at MSC Industrial Direct Co., Inc. is Philip Peller, 80, who is the Lead Independent Director.

What's Erik Gershwind's mailing address?

Erik's mailing address filed with the SEC is C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE, NY, 11747.

Insiders trading at MSC Industrial Direct Co

Over the last 21 years, insiders at MSC Industrial Direct Co have traded over $718,248,292 worth of MSC Industrial Direct Co stock and bought 279,450 units worth $20,584,730 . The most active insiders traders include Mitchell Jacobson, Marjorie Gershwind, and Roger Fradin. On average, MSC Industrial Direct Co executives and independent directors trade stock every 9 days with the average trade being worth of $2,002,357. The most recent stock trade was executed by Kristen Actis Grande on 31 August 2024, trading 911 units of MSM stock currently worth $71,003.



What does MSC Industrial Direct Co do?

msc industrial supply co. (nyse:msm) is a leading north american distributor of metalworking and maintenance, repair, and operations (mro) products and services. we help our customers drive greater productivity, profitability and growth with more than 1 million products, inventory management and other supply chain solutions, and deep expertise from 75 years of working with customers across industries. our experienced team of over 6,000 associates is dedicated to working side by side with our customers to help drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling, and optimizing for a more productive tomorrow. for more information on msc, please visit mscdirect.com.



What does MSC Industrial Direct Co's logo look like?

MSC Industrial Direct Co., Inc. logo

Complete history of Mr. Gershwind stock trades at MSC Industrial Direct Co

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
18 Jan 2024 Erik Gershwind
President and CEO
Sale 60,939 $96.57 $5,884,879
18 Jan 2024
1,371,099
16 Jan 2024 Erik Gershwind
President and CEO
Sale 7,500 $96.00 $720,000
16 Jan 2024
1,432,038
6 Nov 2023 Erik Gershwind
President and CEO
Option 93,245 $62.72 $5,848,326
6 Nov 2023
1,439,538
3 Nov 2023 Erik Gershwind
President and CEO
Sale 13,599 $97.91 $1,331,478
3 Nov 2023
1,339,052
17 Oct 2023 Erik Gershwind
President and CEO
Option 4,421 $104.99 $464,161
17 Oct 2023
1,354,246
22 Nov 2022 Erik Gershwind
President and CEO
Sale 50,000 $85.18 $4,259,000
22 Nov 2022
463,723
4 Nov 2022 Erik Gershwind
President and CEO
Option 27,109 $82.57 $2,238,390
4 Nov 2022
513,723
27 Oct 2022 Erik Gershwind
President and CEO
Option 72,659 $71.33 $5,182,766
27 Oct 2022
474,266
20 Oct 2022 Erik Gershwind
President and CEO
Option 3,660 $76.80 $281,088
20 Oct 2022
401,607
17 Oct 2022 Erik Gershwind
President and CEO
Option 4,266 $76.77 $327,501
17 Oct 2022
397,948
16 Nov 2021 Erik Gershwind
President and CEO
Option 84,059 $58.90 $4,951,075
16 Nov 2021
393,681
5 Nov 2021 Erik Gershwind
President and CEO
Option 18,389 $84.96 $1,562,329
5 Nov 2021
309,623
26 Oct 2021 Erik Gershwind
President and CEO
Option 3,015 $81.90 $246,929
26 Oct 2021
291,234
20 Oct 2021 Erik Gershwind
President and CEO
Option 3,528 $83.86 $295,858
20 Oct 2021
288,218
17 Oct 2021 Erik Gershwind
President and CEO
Option 4,112 $84.43 $347,176
17 Oct 2021
284,690
6 Nov 2020 Erik Gershwind
President and CEO
Option 8,913 $74.79 $666,603
6 Nov 2020
280,579
26 Oct 2020 Erik Gershwind
President and CEO
Option 2,796 $66.29 $185,347
26 Oct 2020
271,666
20 Oct 2020 Erik Gershwind
President and CEO
Option 3,273 $67.13 $219,716
20 Oct 2020
268,869
17 Oct 2020 Erik Gershwind
President and CEO
Option 7,290 $66.57 $485,295
17 Oct 2020
265,597
26 Oct 2019 Erik Gershwind
President and CEO
Option 2,504 $75.54 $189,152
26 Oct 2019
258,307
17 Oct 2019 Erik Gershwind
President and CEO
Option 9,458 $72.00 $680,976
17 Oct 2019
255,803
2 Nov 2018 Erik Gershwind
President and CEO
Option 91,338 $82.40 $7,526,251
2 Nov 2018
197,036
26 Oct 2018 Erik Gershwind
President and CEO
Option 2,422 $76.83 $186,082
26 Oct 2018
105,699
19 Oct 2018 Erik Gershwind
President and CEO
Option 5,843 $80.65 $471,238
19 Oct 2018
103,276
16 May 2018 Erik Gershwind
President and CEO
Sale 30,000 $94.56 $2,836,800
16 May 2018
0
24 Jan 2018 Erik Gershwind
President and CEO
Sale 25,000 $98.66 $2,466,500
24 Jan 2018
0
19 Jan 2018 Erik Gershwind
President and CEO
Sale 104,252 $93.96 $9,795,518
19 Jan 2018
0
10 Nov 2017 Erik Gershwind
President and CEO
Sale 30,240 $95.28 $2,881,267
10 Nov 2017
760
26 Oct 2017 Erik Gershwind
President and CEO
Option 2,361 $78.52 $185,386
26 Oct 2017
117,885
19 Oct 2017 Erik Gershwind
President and CEO
Option 2,933 $78.38 $229,889
19 Oct 2017
115,524
4 Aug 2017 Erik Gershwind
President and CEO
Option 58,110 $68.18 $3,961,940
4 Aug 2017
112,590
19 Oct 2016 Erik Gershwind
President and CEO
Option 2,873 $71.77 $206,195
19 Oct 2016
54,480
23 Aug 2016 Erik Gershwind
President and CEO
Option 32,743 $54.52 $1,785,148
23 Aug 2016
51,606
12 Aug 2015 Erik Gershwind
President and CEO
Option 18,928 $44.17 $836,050
12 Aug 2015
76,461
17 Jul 2014 Erik Gershwind
President and CEO
Option 18,000 $38.07 $685,260
17 Jul 2014
51,813
12 May 2014 Erik Gershwind
President and CEO
Sale 25,000 $91.53 $2,288,250
12 May 2014
33,813
14 Jan 2014 Erik Gershwind
President and CEO
Sale 16,332 $86.17 $1,407,328
14 Jan 2014
33,813
13 Jan 2014 Erik Gershwind
President and CEO
Sale 13,334 $85.03 $1,133,790
13 Jan 2014
50,145
9 Jan 2014 Erik Gershwind
President and CEO
Sale 20,334 $85.17 $1,731,847
9 Jan 2014
63,479
5 Nov 2013 Erik Gershwind
President and CEO
Option 18,000 $48.21 $867,780
5 Nov 2013
58,813
15 May 2013 Erik Gershwind
President and CEO
Sale 5,950 $83.50 $496,825
15 May 2013
9,698
14 May 2013 Erik Gershwind
President and CEO
Sale 4,050 $83.50 $338,175
14 May 2013
15,648
8 May 2013 Erik Gershwind
President and CEO
Sale 8,550 $80.87 $691,439
8 May 2013
19,698
7 May 2013 Erik Gershwind
President and CEO
Sale 12,500 $80.91 $1,011,375
7 May 2013
28,248
6 May 2013 Erik Gershwind
President and CEO
Sale 5,000 $80.03 $400,150
6 May 2013
40,748
3 May 2013 Erik Gershwind
President and CEO
Sale 15,000 $79.66 $1,194,900
3 May 2013
45,748
25 Apr 2013 Erik Gershwind
President and CEO
Sale 25,000 $84.31 $2,107,750
25 Apr 2013
34,698
25 Apr 2013 Erik Gershwind
President and CEO
Sale 5,967 $79.06 $471,751
25 Apr 2013
60,748
15 Jan 2013 Erik Gershwind
President and CEO
Option 28,500 $37.00 $1,054,500
15 Jan 2013
66,715
13 Nov 2012 Erik Gershwind
President and CEO
Sale 1,760 $70.57 $124,203
13 Nov 2012
38,215
12 Nov 2012 Erik Gershwind
President and CEO
Sale 4,000 $70.92 $283,680
12 Nov 2012
39,975
9 Nov 2012 Erik Gershwind
President and CEO
Sale 1,200 $70.57 $84,684
9 Nov 2012
43,975
8 Nov 2012 Erik Gershwind
President and CEO
Sale 1,200 $70.59 $84,708
8 Nov 2012
45,175
6 Nov 2012 Erik Gershwind
President and CEO
Sale 900 $72.21 $64,989
6 Nov 2012
46,375
5 Nov 2012 Erik Gershwind
President and CEO
Sale 900 $72.00 $64,800
5 Nov 2012
47,275
2 Nov 2012 Erik Gershwind
President and CEO
Sale 4,000 $72.37 $289,480
2 Nov 2012
48,175
1 Nov 2012 Erik Gershwind
President and CEO
Sale 16,000 $70.50 $1,128,000
1 Nov 2012
52,175
7 Aug 2012 Erik Gershwind
President and CEO
Sale 44,500 $70.39 $3,132,355
7 Aug 2012
14,288
6 Aug 2012 Erik Gershwind
President and CEO
Sale 30,500 $69.82 $2,129,510
6 Aug 2012
33,788
12 Jan 2012 Erik Gershwind
President and CEO
Option 13,500 $37.45 $505,575
12 Jan 2012
39,288
11 Jan 2012 Erik Gershwind
President and CEO
Sale 1,501 $73.04 $109,633
11 Jan 2012
25,788
10 Jan 2012 Erik Gershwind
President and CEO
Sale 4,749 $73.19 $347,579
10 Jan 2012
27,289
9 Jan 2012 Erik Gershwind
President and CEO
Sale 25,000 $73.09 $1,827,250
9 Jan 2012
32,038
6 May 2011 Erik Gershwind
President and CEO
Sale 1,244 $71.13 $88,486
6 May 2011
46,882
5 May 2011 Erik Gershwind
President and CEO
Sale 2,724 $70.62 $192,369
5 May 2011
48,126
4 May 2011 Erik Gershwind
President and CEO
Sale 320 $71.01 $22,723
4 May 2011
50,850
3 May 2011 Erik Gershwind
President and CEO
Sale 2,885 $71.03 $204,922
3 May 2011
51,170
2 May 2011 Erik Gershwind
President and CEO
Sale 5,728 $71.96 $412,187
2 May 2011
54,055
29 Apr 2011 Erik Gershwind
President and CEO
Sale 3,462 $72.09 $249,576
29 Apr 2011
59,783
28 Apr 2011 Erik Gershwind
President and CEO
Sale 4,385 $71.97 $315,588
28 Apr 2011
63,245
27 Apr 2011 Erik Gershwind
President and CEO
Sale 8,655 $71.70 $620,564
27 Apr 2011
67,630
26 Apr 2011 Erik Gershwind
President and CEO
Sale 7,501 $71.40 $535,571
26 Apr 2011
76,285
25 Apr 2011 Erik Gershwind
President and CEO
Sale 2,885 $70.78 $204,200
25 Apr 2011
83,786
20 Apr 2011 Erik Gershwind
President and CEO
Sale 18,590 $71.29 $1,325,281
20 Apr 2011
86,671
18 Apr 2011 Erik Gershwind
President and CEO
Sale 12,175 $70.06 $852,981
18 Apr 2011
105,261
14 Apr 2011 Erik Gershwind
President and CEO
Sale 4,454 $70.52 $314,096
14 Apr 2011
117,436
31 Jan 2007 Erik Gershwind
President and CEO
Option 8,000 $18.06 $144,480
31 Jan 2007
19,854
1 May 2006 Erik Gershwind
President and CEO
Sale 3,683 $52.35 $192,805
1 May 2006
9,049
27 Apr 2006 Erik Gershwind
President and CEO
Sale 5,750 $52.33 $300,898
27 Apr 2006
12,732
26 Apr 2006 Erik Gershwind
President and CEO
Sale 2,083 $52.30 $108,941
26 Apr 2006
18,482
24 Apr 2006 Erik Gershwind
President and CEO
Sale 9,675 $52.94 $512,195
24 Apr 2006
20,565
21 Apr 2006 Erik Gershwind
President and CEO
Sale 10,085 $53.04 $534,908
21 Apr 2006
30,240
20 Apr 2006 Erik Gershwind
President and CEO
Sale 1,110 $53.17 $59,019
20 Apr 2006
15,325
20 Apr 2006 Erik Gershwind
President and CEO
Sale 7,785 $52.92 $411,982
20 Apr 2006
16,435
19 Apr 2006 Erik Gershwind
President and CEO
Sale 15,465 $52.72 $815,315
19 Apr 2006
24,220
19 Apr 2006 Erik Gershwind
President and CEO
Sale 13,680 $52.41 $716,969
19 Apr 2006
39,685
18 Apr 2006 Erik Gershwind
President and CEO
Sale 5,775 $52.36 $302,379
18 Apr 2006
53,365
18 Apr 2006 Erik Gershwind
President and CEO
Sale 15,195 $52.20 $793,179
18 Apr 2006
59,140
13 Apr 2006 Erik Gershwind
President and CEO
Sale 1,710 $51.73 $88,458
13 Apr 2006
74,335
13 Apr 2006 Erik Gershwind
President and CEO
Sale 8,910 $51.50 $458,865
13 Apr 2006
76,045
13 Apr 2006 Erik Gershwind
President and CEO
Sale 7,575 $51.21 $387,916
13 Apr 2006
84,955
12 Apr 2006 Erik Gershwind
President and CEO
Sale 7,965 $51.09 $406,932
12 Apr 2006
92,530
10 Apr 2006 Erik Gershwind
President and CEO
Sale 10,995 $52.12 $573,059
10 Apr 2006
100,495
7 Apr 2006 Erik Gershwind
President and CEO
Sale 7,500 $52.11 $390,825
7 Apr 2006
111,490
6 Apr 2006 Erik Gershwind
President and CEO
Sale 11,250 $52.67 $592,538
6 Apr 2006
118,990


MSC Industrial Direct Co executives and stock owners

MSC Industrial Direct Co executives and other stock owners filed with the SEC include: