Last updated: 19 April 2024 at 3:33pm EST

Philip Fain Net Worth




The estimated Net Worth of Philip A Fain is at least $1.79 Million dollars as of 17 April 2024. Mr. Fain owns over 7,179 units of Ultralife Corp stock worth over $1,299,539 and over the last 17 years he sold ULBI stock worth over $0. In addition, he makes $490,022 as Chief Financial Officer, Treasurer, and Secretary at Ultralife Corp.

Mr. Fain ULBI stock SEC Form 4 insiders trading

Philip has made over 14 trades of the Ultralife Corp stock since 2009, according to the Form 4 filled with the SEC. Most recently he exercised 7,179 units of ULBI stock worth $40,992 on 17 April 2024.

The largest trade he's ever made was buying 25,000 units of Ultralife Corp stock on 18 December 2009 worth over $91,250. On average, Philip trades about 4,243 units every 169 days since 2008. As of 17 April 2024 he still owns at least 137,809 units of Ultralife Corp stock.

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





Philip Fain biography

Philip (Phil) A. Fain is the Chief Financial Officer, Treasurer, Secretary of Ultralife Corporation. He previously served as Vice President of Business Development, having joined us in February 2008. Prior to joining us, he was Managing Partner of CXO on the GO, LLC, a management-consulting firm, which he co-founded in November 2003 and which we retained in connection with our acquisition activity. Prior to founding CXO on the GO, LLC, Mr. Fain served as Vice President of Finance - RayBan Sunoptics for Luxottica, SpA. Prior to the acquisition of Bausch & Lomb’s global eyewear business by Luxottica, Mr. Fain served as Bausch & Lomb’s Senior Vice President Finance - Global Eyewear from 1997 to 1999 and as Vice President and Controller for the US Sunglass business from 1993 to 1996. In these roles, he led the process to acquire some of the World’s most sought after sunglass companies and brands for Bausch & Lomb. From 1983 to 1993, Mr. Fain served in various positions with Bausch & Lomb including executive positions in corporate accounting, finance and audit. Mr. Fain began his career as a CPA and consultant with Arthur Andersen & Co. in 1977. He received his B.A. in Economics from the University of Rochester and an MBA from the William E. Simon Graduate School of Business Administration of the University of Rochester.

What is the salary of Philip Fain?

As the Chief Financial Officer, Treasurer, and Secretary of Ultralife Corp, the total compensation of Philip Fain at Ultralife Corp is $490,022. There are 2 executives at Ultralife Corp getting paid more, with Michael Popielec having the highest compensation of $810,787.



How old is Philip Fain?

Philip Fain is 65, he's been the Chief Financial Officer, Treasurer, and Secretary of Ultralife Corp since 2013. There are 2 older and 5 younger executives at Ultralife Corp. The oldest executive at Ultralife Corp is Ranjit Singh, 67, who is the Independent Director.

Insiders trading at Ultralife Corp

Over the last 21 years, insiders at Ultralife Corp have traded over $22,946,994 worth of Ultralife Corp stock and bought 9,102,036 units worth $59,258,007 . The most active insiders traders include Bradford T Whitmore, Corp Spurgeon, and Brothers Ltd Grace. On average, Ultralife Corp executives and independent directors trade stock every 27 days with the average trade being worth of $486,531. The most recent stock trade was executed by Janie Goddard on 7 June 2024, trading 1,397 units of ULBI stock currently worth $15,241.



What does Ultralife Corp do?

ultralife corporation began as a battery company and now offers products and services ranging from portable and standby power solutions to communications and electronics systems. the battery and energy products group offers a complete range of rechargeable and non-rechargeable batteries, chargers, and accessories to commercial, medical and military customers. whilst ultralife's communication systems group offers a complete set of power and amplification products that compliment many of the commercial and military portable radio and communications sets. ultralife's family of brands includes: ultralife batteries, able, mcdowell research, amti and accutronics ltd with operations in north america, europe and asia. ultralife was incorporated in 1990 and became a public company in 1992, shares trade on the nasdaq under the symbol ulbi. stay in the loop with the latest news from ultralife battery & energy or ultralife communications systems with our new linkedin showcase pages. we will be usi



What does Ultralife Corp's logo look like?

Ultralife Corp logo

Complete history of Mr. Fain stock trades at Ultralife Corp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
17 Apr 2024 Philip A Fain
CFO and Treasurer
Option 7,179 $5.71 $40,992
17 Apr 2024
137,809
23 May 2023 Philip A Fain
CFO and Treasurer
Option 630 $4.29 $2,703
23 May 2023
130,630
7 Dec 2022 Philip A Fain
CFO and Treasurer
Buy 1,500 $3.99 $5,985
7 Dec 2022
130,000
2 Mar 2022 Philip A Fain
CFO and Treasurer
Option 8,500 $3.71 $31,535
2 Mar 2022
128,500
16 Dec 2021 Philip A Fain
CFO and Treasurer
Buy 1,840 $5.45 $10,028
16 Dec 2021
120,000
1 Mar 2021 Philip A Fain
CFO and Treasurer
Option 23,160 $3.94 $91,250
1 Mar 2021
118,160
26 Feb 2020 Philip A Fain
CFO and Treasurer
Buy 2,771 $7.29 $20,201
26 Feb 2020
95,000
28 Dec 2018 Philip A Fain
CFO and Treasurer
Option 6,823 $3.98 $27,156
28 Dec 2018
92,229
3 Dec 2018 Philip A Fain
CFO and Treasurer
Option 15,406 $4.42 $68,095
3 Dec 2018
85,406
15 Dec 2017 Philip A Fain
CFO and Treasurer
Buy 3,552 $6.20 $22,022
15 Dec 2017
70,000
30 Nov 2016 Philip A Fain
CFO and Treasurer
Option 5,162 $3.91 $20,183
30 Nov 2016
66,448
15 Aug 2013 Philip A Fain
CFO and Treasurer
Buy 10,000 $3.75 $37,500
15 Aug 2013
61,286
9 May 2011 Philip A Fain
CFO and Treasurer
Buy 20,000 $3.99 $79,800
9 May 2011
51,286
18 Dec 2009 Philip A Fain
CFO and Treasurer
Buy 25,000 $3.65 $91,250
18 Dec 2009
66,786


Ultralife Corp executives and stock owners

Ultralife Corp executives and other stock owners filed with the SEC include: