Last updated: 10 April 2024 at 4:56pm EST

Michael Larsen Net Worth




The estimated Net Worth of Michael M Larsen is at least $26.6 Million dollars as of 14 March 2024. Mr. Larsen owns over 37,167 units of Illinois Tool Works stock worth over $20,643,708 and over the last 11 years he sold ITW stock worth over $1,595,860. In addition, he makes $4,395,380 as Senior Vice President and Chief Financial Officer at Illinois Tool Works.

Mr. Larsen ITW stock SEC Form 4 insiders trading

Michael has made over 20 trades of the Illinois Tool Works stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 37,167 units of ITW stock worth $6,071,601 on 14 March 2024.

The largest trade he's ever made was exercising 66,821 units of Illinois Tool Works stock on 3 August 2020 worth over $6,279,169. On average, Michael trades about 12,443 units every 113 days since 2013. As of 14 March 2024 he still owns at least 83,571 units of Illinois Tool Works stock.

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





Michael Larsen biography

Michael M. Larsen is the Senior Vice President, Chief Financial Officer of Illinois Tool Works Inc. Mr. Larsen joined the Company and was elected Senior Vice President and Chief Financial Officer in September 2013. From October 2010 to August 2013, he served as Vice President and Chief Financial Officer of Gardner Denver, Inc., a global manufacturer of highly engineered compressors, blowers, pumps and other fluid transfer equipment. In addition, he served as interim CEO of Gardner Denver from July 2012 to November 2012, and as President, Chief Executive Officer and a director of that company from November 2012 to July 2013.

What is the salary of Michael Larsen?

As the Senior Vice President and Chief Financial Officer of Illinois Tool Works, the total compensation of Michael Larsen at Illinois Tool Works is $4,395,380. There are 3 executives at Illinois Tool Works getting paid more, with Ernest Santi having the highest compensation of $15,440,300.



How old is Michael Larsen?

Michael Larsen is 51, he's been the Senior Vice President and Chief Financial Officer of Illinois Tool Works since 2013. There are 27 older and 2 younger executives at Illinois Tool Works. The oldest executive at Illinois Tool Works, Inc. is Richard Lenny, 68, who is the Lead Independent Director.

What's Michael Larsen's mailing address?

Michael's mailing address filed with the SEC is A. O. SMITH CORPORATION, 11270 WEST PARK PLACE, MILWAUKEE, WI, 53224.

Insiders trading at Illinois Tool Works

Over the last 21 years, insiders at Illinois Tool Works have traded over $720,639,773 worth of Illinois Tool Works stock and bought 66,824 units worth $8,173,693 . The most active insiders traders include Harold B Smith, Robert C Mccormack, and Don H Jr Davis. On average, Illinois Tool Works executives and independent directors trade stock every 13 days with the average trade being worth of $9,733,576. The most recent stock trade was executed by Jennifer Kaplan Schott on 1 September 2024, trading 1,854 units of ITW stock currently worth $457,975.



What does Illinois Tool Works do?

Illinois Tool Works Inc. is a manufacturer of a range of industrial products and equipment. Their segments include Automotive OEM, Food Equipment, Test & Measurement and Electronics



What does Illinois Tool Works's logo look like?

Illinois Tool Works, Inc. logo

Complete history of Mr. Larsen stock trades at Illinois Tool Works and A.O. Smith

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
14 Mar 2024 Michael M Larsen
SVP and CFO
Option 37,167 $163.36 $6,071,601
14 Mar 2024
83,571
12 Feb 2024 Michael M Larsen
SVP and CFO
Option 12,247 $256.42 $3,140,376
12 Feb 2024
51,830
14 Feb 2023 Michael M Larsen
SVP and CFO
Option 5,353 $238.05 $1,274,282
14 Feb 2023
41,955
14 Nov 2022 Michael M Larsen
SVP and CFO
Option 51,248 $128.00 $6,559,744
14 Nov 2022
87,850
15 Feb 2022 Michael M Larsen
SVP and CFO
Option 5,701 $219.74 $1,252,738
15 Feb 2022
39,128
12 Feb 2021 Michael M Larsen
SVP and CFO
Option 4,220 $200.98 $848,136
12 Feb 2021
34,673
3 Aug 2020 Michael M Larsen
SVP and CFO
Option 66,821 $93.97 $6,279,169
3 Aug 2020
97,274
14 Feb 2020 Michael M Larsen
SVP and CFO
Option 8,389 $187.86 $1,575,958
14 Feb 2020
33,363
12 Sep 2019 Michael M Larsen
SVP and CFO
Option 35,617 $90.67 $3,229,393
12 Sep 2019
46,839
15 Feb 2019 Michael M Larsen
SVP and CFO
Option 9,795 $144.21 $1,412,537
15 Feb 2019
28,243
11 Dec 2018 Michael M Larsen
SVP and CFO
Option 58,736 $77.55 $4,554,977
11 Dec 2018
60,701
15 Feb 2018 Michael M Larsen
SVP and CFO
Option 9,159 $163.36 $1,496,214
15 Feb 2018
22,589
26 May 2017 Michael M Larsen
SVP and CFO
Option 52,447 $75.10 $3,938,770
26 May 2017
67,383
14 Feb 2017 Michael M Larsen
SVP and CFO
Option 10,603 $129.60 $1,374,149
14 Feb 2017
18,668
16 Sep 2016 Michael M Larsen
SVP and CFO
Option 13,316 $116.19 $1,547,186
16 Sep 2016
13,316
16 Sep 2016 Michael M Larsen
SVP and CFO
Option 13,316 $116.19 $1,547,186
16 Sep 2016
13,316
21 Jul 2016 Michael M Larsen
SVP and CFO
Sale 14,000 $113.99 $1,595,860
21 Jul 2016
0
11 Sep 2013 Michael M Larsen
SVP and CFO
Buy 7,000 $74.25 $519,750
11 Sep 2013
14,000
6 Mar 2023 Michael M Larsen
Director
Buy 4,000 $66.89 $267,560
6 Mar 2023
11,425
22 Feb 2022 Michael M Larsen
Director
Buy 3,925 $69.87 $274,240
22 Feb 2022
7,425


Illinois Tool Works executives and stock owners

Illinois Tool Works executives and other stock owners filed with the SEC include: