Last updated: 17 May 2024 at 5:33pm EST

Patrick W. Macken Net Worth




The estimated Net Worth of Patrick W Macken is at least $1.62 Million dollars as of 17 April 2024. Mr Macken owns over 88,952 units of Ribbon Communications Inc stock worth over $674,252 and over the last 8 years he sold RBBN stock worth over $224,402. In addition, he makes $722,617 as Exec. VP and Chief Legal Officer & Corp. Sec. at Ribbon Communications Inc.

Mr Macken RBBN stock SEC Form 4 insiders trading

Mr has made over 23 trades of the Ribbon Communications Inc stock since 2016, according to the Form 4 filled with the SEC. Most recently he exercised 88,952 units of RBBN stock worth $260,629 on 17 April 2024.

The largest trade he's ever made was exercising 88,952 units of Ribbon Communications Inc stock on 17 April 2024 worth over $260,629. On average, Mr trades about 15,848 units every 85 days since 2016. As of 17 April 2024 he still owns at least 230,120 units of Ribbon Communications Inc stock.

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





Mr. Patrick W. Macken biography

Patrick W. Macken is the Exec. VP, Chief Legal Officer & Corp. Sec. at Ribbon Communications Inc.

What is the salary of Mr Macken?

As the Exec. VP and Chief Legal Officer & Corp. Sec. of Ribbon Communications Inc, the total compensation of Mr Macken at Ribbon Communications Inc is $722,617. There are 6 executives at Ribbon Communications Inc getting paid more, with Steven Bruny having the highest compensation of $1,403,970.



How old is Mr Macken?

Mr Macken is 47, he's been the Exec. VP and Chief Legal Officer & Corp. Sec. of Ribbon Communications Inc since . There are 15 older and 1 younger executives at Ribbon Communications Inc. The oldest executive at Ribbon Communications Inc is Bruns Grayson, 72, who is the Lead Independent Director.

What's Mr Macken's mailing address?

Patrick's mailing address filed with the SEC is 6500 CHASE OAKS BLVD., STE. 100, PLANO, TX, 75023.

Insiders trading at Ribbon Communications Inc

Over the last 7 years, insiders at Ribbon Communications Inc have traded over $982,699 worth of Ribbon Communications Inc stock and bought 4,030,518 units worth $17,773,472 . The most active insiders traders include Bruns H Grayson, Bruce William Mc Clelland, and Chase & Co Jpmorgan. On average, Ribbon Communications Inc executives and independent directors trade stock every 11 days with the average trade being worth of $158,293. The most recent stock trade was executed by Miguel A Lopez on 17 July 2024, trading 38,724 units of RBBN stock currently worth $113,461.



What does Ribbon Communications Inc do?

ribbon communications (nasdaq: rbbn) delivers communications software, ip and optical networking solutions to service providers, enterprises and critical infrastructure sectors globally. we engage deeply with our customers, helping them modernize their networks for improved competitive positioning and business outcomes in today's smart, always-on and data-hungry world. our innovative, end-to-end solutions portfolio delivers unparalleled scale, performance, and agility, including core to edge software-centric solutions, cloud-native offers, leading-edge security and analytics tools, along with ip and optical networking solutions for 5g. to learn more about ribbon visit rbbn.com.



What does Ribbon Communications Inc's logo look like?

Ribbon Communications Inc logo

Complete history of Mr Macken stock trades at Ribbon Communications Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
17 Apr 2024 Patrick W Macken
EVP, CLO, and Secretary
Option 88,952 $2.57 $228,607
17 Apr 2024
230,120
15 Mar 2024 Patrick W Macken
EVP, CLO, and Secretary
Option 11,024 $2.94 $32,411
15 Mar 2024
172,972
28 Feb 2024 Patrick W Macken
EVP, CLO, and Secretary
Sale 42,094 $3.07 $129,229
28 Feb 2024
161,948
18 Jan 2024 Patrick W Macken
EVP, CLO, and Secretary
Option 40,983 $2.90 $118,851
18 Jan 2024
223,332
18 Oct 2023 Patrick W Macken
EVP, CLO, and Secretary
Option 21,367 $2.07 $44,230
18 Oct 2023
190,462
15 Sep 2023 Patrick W Macken
EVP, CLO, and Secretary
Option 7,964 $2.82 $22,458
15 Sep 2023
171,530
19 Jun 2023 Patrick W Macken
EVP, CLO, and Secretary
Option 25,000 $2.84 $71,000
19 Jun 2023
173,653
17 Apr 2023 Patrick W Macken
EVP, CLO, and Secretary
Option 42,736 $2.74 $117,097
17 Apr 2023
166,691
15 Mar 2023 Patrick W Macken
EVP, CLO, and Secretary
Option 67,463 $3.54 $238,819
15 Mar 2023
139,907
19 Dec 2022 Patrick W Macken
EVP, CLO, and Secretary
Option 24,999 $2.61 $65,247
19 Dec 2022
96,310
15 Sep 2022 Patrick W Macken
EVP, CLO, and Secretary
Option 7,965 $2.95 $23,497
15 Sep 2022
73,886
21 Jun 2022 Patrick W Macken
EVP, CLO, and Secretary
Option 25,000 $2.89 $72,250
21 Jun 2022
76,126
15 Mar 2022 Patrick W Macken
EVP, CLO, and Secretary
Option 15,931 $2.99 $47,634
15 Mar 2022
58,025
19 Dec 2021 Patrick W Macken
EVP, CLO, and Secretary
Option 25,000 $6.27 $156,750
19 Dec 2021
52,826
19 Jun 2021 Patrick W Macken
EVP, CLO, and Secretary
Option 50,001 $7.40 $370,007
19 Jun 2021
50,001


Ribbon Communications Inc executives and stock owners

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