Last updated: 26 January 2024 at 4:09pm EST

Peter Hecht Net Worth




The estimated Net Worth of Peter M Hecht is at least $6.27 Million dollars as of 3 June 2021. Peter Hecht owns over 823,170 units of Cyclerion Therapeutics stock worth over $6,153,332 and over the last 15 years he sold CYCN stock worth over $0. In addition, he makes $121,628 as Chief Executive Officer and Director at Cyclerion Therapeutics.

Peter Hecht CYCN stock SEC Form 4 insiders trading

Peter has made over 17 trades of the Cyclerion Therapeutics stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 823,170 units of CYCN stock worth $2,699,998 on 3 June 2021.

The largest trade he's ever made was buying 823,170 units of Cyclerion Therapeutics stock on 3 June 2021 worth over $2,699,998. On average, Peter trades about 89,910 units every 74 days since 2010. As of 3 June 2021 he still owns at least 2,047,698 units of Cyclerion Therapeutics stock.

You can see the complete history of Peter Hecht stock trades at the bottom of the page.





Peter Hecht biography

Dr. Peter M. Hecht Ph.D. serves as Chief Executive Officer, Director of the Company. He has served as our chief executive officer and a member of our Board of Directors since we commenced operations as an independent company in April 2019. Dr. Hecht formerly served as the chief executive officer of Ironwood and as a member of its board of directors from its founding in 1998 to March 2019. Under Dr. Hecht's leadership, Ironwood grew into a commercial biotechnology company with over 700 employees, the market-leading IBS-C drug, and five novel drug candidates in clinical development. Prior to founding Ironwood, Dr. Hecht was a research fellow at Whitehead Institute for Biomedical Research. Dr. Hecht serves on the board of Kallyope Inc., a privately held biotechnology company. Dr. Hecht earned a B.S. in mathematics and an M.S. in biology from Stanford University, and a Ph.D. in molecular biology from the University of California at Berkeley.

What is the salary of Peter Hecht?

As the Chief Executive Officer and Director of Cyclerion Therapeutics, the total compensation of Peter Hecht at Cyclerion Therapeutics is $121,628. There are 11 executives at Cyclerion Therapeutics getting paid more, with Andreas Busch having the highest compensation of $3,251,110.



How old is Peter Hecht?

Peter Hecht is 56, he's been the Chief Executive Officer and Director of Cyclerion Therapeutics since 2019. There are 12 older and 2 younger executives at Cyclerion Therapeutics. The oldest executive at Cyclerion Therapeutics, Inc. is George Conrades, 81, who is the Independent Director.

What's Peter Hecht's mailing address?

Peter's mailing address filed with the SEC is C/O CYCLERION THERAPEUTICS, INC., 245 FIRST STREET, 18TH FLOOR, CAMBRIDGE, MA, 02142.

Insiders trading at Cyclerion Therapeutics

Over the last 6 years, insiders at Cyclerion Therapeutics have traded over $240,273 worth of Cyclerion Therapeutics stock and bought 4,653,203 units worth $33,009,775 . The most active insiders traders include Peter M Hecht, Mark G Currie, and Terrance Mcguire. On average, Cyclerion Therapeutics executives and independent directors trade stock every 84 days with the average trade being worth of $749,841. The most recent stock trade was executed by Terrance Mcguire on 9 August 2023, trading 8 units of CYCN stock currently worth $27.



What does Cyclerion Therapeutics do?

Cyclerion Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the discovering, development, and commercialization of medicines for serious central nervous system (CNS) diseases. Its product candidates include CY6463, a CNS-penetrant, soluble guanylate cyclase (sGC) stimulator that is in Phase II trials for the treatment of mitochondrial encephalomyopathy, lactic acidosis, and stroke-like episodes (MELAS) and Alzheimer's disease with vascular pathology (ADv); Olinciguat, an orally administered vascular soluble guanylate cyclase stimulator that is in Phase II studies for the treatment of sickle cell disease (SCD); Praliciguat, an orally administered systemic sGC stimulator that is in Phase II trials for the treatment of diabetic nephropathy and heart failure with preserved ejection fraction. The company was incorporated in 2018 and is headquartered in Cambridge, Massachusetts.



What does Cyclerion Therapeutics's logo look like?

Cyclerion Therapeutics, Inc. logo

Complete history of Peter Hecht stock trades at Ironwood Pharmaceuticals Inc and Cyclerion Therapeutics

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
3 Jun 2021 Peter M Hecht
Buy 823,170 $3.28 $2,699,998
3 Jun 2021
2,047,698
6 May 2021 Peter M Hecht
Buy 302,000 $2.43 $733,860
6 May 2021
1,224,528
4 May 2021 Peter M Hecht
Buy 698,001 $2.43 $1,696,142
4 May 2021
922,528
10 Jul 2019 Peter M Hecht
Option 2,000 $6.04 $12,080
10 Jul 2019
225,192
23 Jan 2019 Peter M Hecht
Chief Executive Officer
Option 110,000 $4.89 $537,900
23 Jan 2019
4,717,366
6 Dec 2017 Peter M Hecht
Chief Executive Officer
Option 140,000 $3.76 $526,400
6 Dec 2017
4,754,322
11 Jan 2017 Peter M Hecht
Chief Executive Officer
Option 65,987 $2.94 $194,002
11 Jan 2017
4,703,316
9 Mar 2016 Peter M Hecht
Chief Executive Officer
Option 300,790 $1.56 $469,232
9 Mar 2016
4,710,322
9 Mar 2016 Peter M Hecht
Chief Executive Officer
Option 300,790 $1.56 $469,232
9 Mar 2016
4,710,322
11 Dec 2015 Peter M Hecht
Chief Executive Officer
Option 250,000 $1.56 $390,000
11 Dec 2015
4,489,532
28 Oct 2015 Peter M Hecht
Chief Executive Officer
Option 98,115 $2.04 $200,155
28 Oct 2015
4,239,532
16 Mar 2015 Peter M Hecht
Chief Executive Officer
Option 200,000 $1.56 $312,000
16 Mar 2015
4,266,417
27 Feb 2015 Peter M Hecht
Chief Executive Officer
Option 230,108 $0.68 $156,473
27 Feb 2015
4,147,617
20 Feb 2014 Peter M Hecht
Chief Executive Officer
Option 225,000 $0.60 $135,000
20 Feb 2014
3,974,751
8 Jul 2013 Peter M Hecht
Chief Executive Officer
Option 100,000 $0.60 $60,000
8 Jul 2013
3,749,751
5 Nov 2012 Peter M Hecht
Chief Executive Officer
Buy 50,000 $11.65 $582,500
5 Nov 2012
72,803
5 Apr 2012 Peter M Hecht
Chief Executive Officer
Option 150,000 $0.41 $61,500
5 Apr 2012
3,649,751


Cyclerion Therapeutics executives and stock owners

Cyclerion Therapeutics executives and other stock owners filed with the SEC include: