Last updated: 20 May 2024 at 6:09pm EST

Sivasankaran Somasundaram Net Worth




The estimated Net Worth of Sivasankaran Somasundaram is at least $5.76 Million dollars as of 22 September 2023. Mr. Somasundaram owns over 500 units of Apergy stock worth over $20,719 and over the last 16 years he sold APY stock worth over $524,313. In addition, he makes $5,215,260 as President, Chief Executive Officer, and Director at Apergy.

Mr. Somasundaram APY stock SEC Form 4 insiders trading

Sivasankaran has made over 13 trades of the Apergy stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 500 units of APY stock worth $34,500 on 22 September 2023.

The largest trade he's ever made was exercising 59,853 units of Apergy stock on 9 March 2018 worth over $3,999,976. On average, Sivasankaran trades about 4,369 units every 92 days since 2009. As of 22 September 2023 he still owns at least 1,552 units of Apergy stock.

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





Sivasankaran Somasundaram biography

Sivasankaran Somasundaram serves as President, Chief Executive Officer, Director of the Company. Mr. Somasundaram previously served as a Vice President of Dover and as President and Chief Executive Officer of Dover Energy, in which capacity he acted from August 2013 until the spin-off. Previously, Mr. Somasundaram served as Executive Vice President (from November 2011 to August 2013) of Dover Energy, Executive Vice President (from January 2010 to November 2011) of Dover Fluid Management, President (from January 2008 to December 2009) of Dover’s Fluid Solutions Platform, President (from June 2006 to December 2007) of Dover’s Gas Equipment Group, and President (from March 2004 to May 2006) of Dover’s RPA Process Technologies. Prior to joining Dover, Mr. Somasundaram served in various global leadership roles at GL&V Inc. and Baker Hughes Inc. Mr. Somasundaram received a B.S. in Mechanical Engineering from Anna University and a M.S. in Industrial Engineering from University of Oklahoma.

What is the salary of Sivasankaran Somasundaram?

As the President, Chief Executive Officer, and Director of Apergy, the total compensation of Sivasankaran Somasundaram at Apergy is $5,215,260. There are no executives at Apergy getting paid more.



How old is Sivasankaran Somasundaram?

Sivasankaran Somasundaram is 54, he's been the President, Chief Executive Officer, and Director of Apergy since 2018. There are 8 older and 6 younger executives at Apergy. The oldest executive at Apergy Corp. is Stephen Wagner, 73, who is the Independent Director.

What's Sivasankaran Somasundaram's mailing address?

Sivasankaran's mailing address filed with the SEC is 2140 LAKE PARK BLVD., 8TH FL, RICHARDSON, TX, 75080.

Insiders trading at Apergy

Over the last 5 years, insiders at Apergy have traded over $0 worth of Apergy stock and bought 11,759 units worth $200,021 . The most active insiders traders include Sivasankaran Somasundaram, Stephen M. Todd, and Michael D White. On average, Apergy executives and independent directors trade stock every 0 days with the average trade being worth of $156,983. The most recent stock trade was executed by Stephen M. Todd on 5 March 2020, trading 11,759 units of APY stock currently worth $200,021.



What does Apergy do?

Apergy Corp. provides engineered equipment and technologies that help companies drill for and produce oil and gas. It operates through the following two segments: Production & Automation Technologies and Drilling Technologies. The Production & Automation Technologies segment consists of including rod pumping systems, electric submersible pump systems, progressive cavity pumps, drive systems and plunger lifts, as well as a full automation and digital offering consisting of equipment, software and industrial Internet of Things solutions for downhole monitoring, wellsite productivity enhancement and asset integrity management. The Drilling Technologies segment provides polycrystalline diamond cutters and bearings. The company was founded on October 10, 2017 and is headquartered in The Woodlands, TX.



What does Apergy's logo look like?

Apergy Corp. logo

Complete history of Mr. Somasundaram stock trades at Dover, Lennox International Inc, Magellan Midstream Partners L.P, and Apergy

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
22 Sep 2023 Sivasankaran Somasundaram
Director
Option 500 $69.00 $34,500
22 Sep 2023
1,552
9 Mar 2018 Sivasankaran Somasundaram
Vice President
Option 59,853 $66.83 $3,999,976
9 Mar 2018
61,327
26 Feb 2018 Sivasankaran Somasundaram
Vice President
Option 39,575 $73.28 $2,900,056
26 Feb 2018
50,165
16 Feb 2018 Sivasankaran Somasundaram
Vice President
Option 23,816 $37.79 $900,007
16 Feb 2018
35,286
4 Aug 2016 Sivasankaran Somasundaram
Vice President
Option 4,610 $44.60 $205,606
4 Aug 2016
13,182
6 Aug 2014 Sivasankaran Somasundaram
Vice President
Option 4,154 $33.49 $139,117
6 Aug 2014
27,770
13 May 2014 Sivasankaran Somasundaram
Vice President
Sale 4,000 $86.81 $347,240
13 May 2014
23,616
7 May 2014 Sivasankaran Somasundaram
Vice President
Option 5,000 $33.49 $167,450
7 May 2014
27,616
12 Aug 2013 Sivasankaran Somasundaram
Vice President
Sale 2,009 $88.14 $177,073
12 Aug 2013
19,110
20 Dec 2012 Sivasankaran Somasundaram
Vice President
Option 28,838 $45.01 $1,297,998
20 Dec 2012
42,383
17 Dec 2012 Sivasankaran Somasundaram
Vice President
Option 10,000 $42.30 $423,000
17 Dec 2012
21,332
14 Dec 2012 Sivasankaran Somasundaram
Vice President
Option 27,148 $29.45 $799,509
14 Dec 2012
29,157
5 Aug 2011 Sivasankaran Somasundaram
Vice President
Buy 200 $54.20 $10,840
5 Aug 2011
200


Apergy executives and stock owners

Apergy executives and other stock owners filed with the SEC include: