The estimated Net Worth of Michael C. Colwell is at least $1.26 Million dollars as of 10 March 2024. Mr. Colwell owns over 1,612 units of Kadant stock worth over $830,778 and over the last 5 years he sold KAI stock worth over $432,198. In addition, he makes $0 as Vice President at Kadant.
Michael has made over 6 trades of the Kadant stock since 2020, according to the Form 4 filled with the SEC. Most recently he exercised 1,612 units of KAI stock worth $497,479 on 10 March 2024.
The largest trade he's ever made was selling 1,950 units of Kadant stock on 22 September 2023 worth over $432,198. On average, Michael trades about 698 units every 133 days since 2020. As of 10 March 2024 he still owns at least 2,692 units of Kadant stock.
You can see the complete history of Mr. Colwell stock trades at the bottom of the page.
Michael Colwell is appointed as Vice President of the Company, effective July 1, 2019. He has been a vice president since July 2019 and has supervisory responsibility for our Wood Processing Systems segment and our Fiber-based Products business. Prior to July 2019, Mr. Colwell served as the president of Kadant Carmanah Design, a division of our subsidiary Kadant Canada Corp., from 2013 to 2019. Mr. Colwell previously served as the president and chief executive officer of Carmanah Design and Manufacturing Inc. from April 2010 until its acquisition by us in November 2013.
Michael Colwell is 54, he's been the Vice President of Kadant since 2019. There are 11 older and 6 younger executives at Kadant. The oldest executive at Kadant, Inc. is William Tully, 79, who is the Independent Director.
Michael's mailing address filed with the SEC is KADANT INC., ONE TECHNOLOGY PARK DRIVE, WESTFORD, MA, 01886.
Over the last 21 years, insiders at Kadant have traded over $63,605,434 worth of Kadant stock. The most active insiders traders include Jonathan W Painter, William A Rainville, and Jeffrey L Powell. On average, Kadant executives and independent directors trade stock every 15 days with the average trade being worth of $1,420,840. The most recent stock trade was executed by Rebecca Martinez O'mara on 29 August 2024, trading 200 units of KAI stock currently worth $63,652.
kadant is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. the company’s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. while kadant is a relatively new name, and became a fully independent public company in 2001, some of our businesses have been serving industrial customers for more than 100 years. through a combination of acquisitions and internal development, we continue to strengthen our position as a leading supplier to process industries worldwide. kadant inc. is based in westford, massachusetts, usa with revenues of $402 million in 2014 and 1,800 employees worldwide. our stock trades on the new york stock exchange under the symbol kai. kadant brand products and services are sold to industries worldwide through our subsidiaries located in north america, south america, europe,
Kadant executives and other stock owners filed with the SEC include: