Last updated: 3 June 2024 at 4:24pm EST

John Nesser Net Worth




The estimated Net Worth of John T Iii Nesser is at least $4.89 Million dollars as of 31 May 2024. Mr. Nesser owns over 6,000 units of Thermon Inc stock worth over $1,592,784 and over the last 21 years he sold THR stock worth over $3,114,050. In addition, he makes $187,826 as Independent Chairman of the Board at Thermon Inc.

Mr. Nesser THR stock SEC Form 4 insiders trading

John has made over 51 trades of the Thermon Inc stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 6,000 units of THR stock worth $201,600 on 31 May 2024.

The largest trade he's ever made was exercising 103,200 units of Thermon Inc stock on 23 May 2008 worth over $389,064. On average, John trades about 7,337 units every 68 days since 2003. As of 31 May 2024 he still owns at least 57,315 units of Thermon Inc stock.

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





John Nesser biography

John Thomas Nesser III, J.D. serves as Independent Chairman of the Board of the Company. Since July 2013, Mr. Nesser has served as the co-founder, manager, co-chief executive officer and director of All Coast, LLC ("All Coast"). Following its acquisition of Hercules Offshore Domestic Liftboat Fleet in July 2013, All Coast owns and operates the largest fleet of liftboats for the offshore oil and gas market in the Gulf of Mexico. Mr. Nesser retired as executive vice president and chief operating officer of McDermott International, Inc. (NYSE:MDR) ("McDermott") in 2011. He joined McDermott, a global engineering, procurement, construction and installation company, with a focus on the energy industry, as associate general counsel in 1998 and spent over ten years in various senior management roles, including as general counsel, chief administrative officer and chief legal officer. Previously, he served as a managing partner of Nesser, King & LeBlanc, a New Orleans law firm, which he co-founded in 1985. Mr. Nesser served as a director of Layne Christensen Company (NASDAQ:LAYN) from August 2013 until its acquisition by Granite in June 2018. Mr. Nesser is a member of the Texas and Louisiana Bar Associations (inactive) and is also a member of the Louisiana State University Law Center Board of Trustees. Mr. Nesser holds a B.S. in Business Administration, majoring in finance, and a J.D. from Louisiana State University.

What is the salary of John Nesser?

As the Independent Chairman of the Board of Thermon Inc, the total compensation of John Nesser at Thermon Inc is $187,826. There are 8 executives at Thermon Inc getting paid more, with Bruce Thames having the highest compensation of $2,187,550.



How old is John Nesser?

John Nesser is 71, he's been the Independent Chairman of the Board of Thermon Inc since 2019. There are 1 older and 20 younger executives at Thermon Inc. The oldest executive at Thermon Group Holdings Inc is Michael Press, 73, who is the Independent Director.

What's John Nesser's mailing address?

John's mailing address filed with the SEC is 7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN, TX, 78735.

Insiders trading at Thermon Inc

Over the last 13 years, insiders at Thermon Inc have traded over $587,931,720 worth of Thermon Inc stock and bought 70,581 units worth $1,271,342 . The most active insiders traders include Marcus J George, Private Equity V Lpchs Mana..., and Daniel J Hennessy. On average, Thermon Inc executives and independent directors trade stock every 25 days with the average trade being worth of $5,693,032. The most recent stock trade was executed by Kevin J Mcginty on 3 June 2024, trading 5,000 units of THR stock currently worth $164,200.



What does Thermon Inc do?

the heat tracing specialists thermon holds a unique position as the only international heat tracing company completely dedicated to its industry. since 1954, thermon has concentrated its efforts exclusively on heat tracing, the external application of heat to pipes, tanks and instrumentation. today, thermon continues to be an industry leader in the specialized field of heat tracing technology. the vast knowledge base of thermon’s employees, combined with the most extensive line of heat tracing products and design tools available, optimizes the customer’s “cost of ownership” by ensuring that all aspects of the application have been considered. global capabilities with global design, manufacturing, and warehouse facilities, thermon is capable of supplying heat tracing system design and products to meet the needs of customers around the world. these stateof-the-art facilities incorporate patented manufacturing processes utilizing computer-controlled equipment, laser technology and



What does Thermon Inc's logo look like?

Thermon Group Holdings Inc logo

Complete history of Mr. Nesser stock trades at Thermon Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
31 May 2024 John T Iii Nesser
Director
Sale 6,000 $33.60 $201,600
31 May 2024
57,315
9 Aug 2023 John T Iii Nesser
Director
Buy 1,973 $26.38 $52,048
9 Aug 2023
61,000
8 Nov 2022 John T Iii Nesser
Director
Buy 1,959 $18.80 $36,829
8 Nov 2022
56,000
9 Aug 2022 John T Iii Nesser
Director
Buy 845 $16.67 $14,086
9 Aug 2022
52,500
8 Jun 2022 John T Iii Nesser
Director
Buy 3,500 $16.35 $57,225
8 Jun 2022
50,000
3 Jun 2022 John T Iii Nesser
Director
Buy 3,637 $15.55 $56,555
3 Jun 2022
46,500
12 Nov 2021 John T Iii Nesser
Director
Buy 1,024 $18.63 $19,077
12 Nov 2021
40,000
3 Jun 2021 John T Iii Nesser
Director
Buy 1,022 $17.29 $17,670
3 Jun 2021
36,250
8 Feb 2021 John T Iii Nesser
Director
Buy 902 $16.20 $14,612
8 Feb 2021
34,000
10 Aug 2020 John T Iii Nesser
Director
Buy 326 $14.74 $4,805
10 Aug 2020
29,500
10 Jun 2020 John T Iii Nesser
Director
Buy 2,942 $15.90 $46,778
10 Jun 2020
27,500
14 Jun 2019 John T Iii Nesser
Director
Buy 356 $23.75 $8,455
14 Jun 2019
20,000
2 Jun 2014 John T Iii Nesser
Director
Buy 1,720 $23.48 $40,386
2 Jun 2014
3,811
1 Aug 2013 John T Iii Nesser
Director
Option 2,091 $20.09 $42,008
1 Aug 2013
2,091


Thermon Inc executives and stock owners

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