The estimated Net Worth of Steven R Downing is at least $104 million dollars as of 5 January 2024. Mr. Downing owns over 1,568,750 units of Gentex stock worth over $96,925,447 and over the last 11 years he sold GNTX stock worth over $4,238,546. In addition, he makes $3,059,700 as President et Chief Executive Officer at Gentex.
Steven has made over 29 trades of the Gentex stock since 2013, according to the Form 4 filled with the SEC. Most recently he bought 1,568,750 units of GNTX stock worth $15,687,500 on 5 January 2024.
The largest trade he's ever made was buying 1,570,000 units of Gentex stock on 6 October 2023 worth over $15,700,000. On average, Steven trades about 59,180 units every 65 days since 2013. As of 5 January 2024 he still owns at least 3,312,558 units of Gentex stock.
You can see the complete history of Mr. Downing stock trades at the bottom of the page.
Steven Downing is President, Chief Executive Officer of the Company. Mr. Downing was elected Chief Executive Officer of the Company effective as of January 1, 2018. He has been employed by the Company since 2002. Prior to being elected Chief Executive Officer, he served as President and Chief Operating Officer from August 2017 to December 2017, as Senior Vice President and Chief Financial Officer from June 2015 to August 2017, and as Vice President of Finance and Chief Financial Officer from May 2013 to June 2015. He served in a variety of roles before that time. During his tenure with the Company, Mr. Downing has collected a vast wealth of knowledge and experience with respect to the Company and the industries in which it operates. Mr. Downing's thorough understanding of the Company's industries, familiarity with the Company's entrepreneurial culture, ability to build and lead a cohesive management team, and demonstrated work with the Board make him a logical candidate for Board membership.
As the President et Chief Executive Officer of Gentex, the total compensation of Steven Downing at Gentex is $3,059,700. There are no executives at Gentex getting paid more.
Steven Downing is 42, he's been the President et Chief Executive Officer of Gentex since 2018. There are 19 older and 2 younger executives at Gentex. The oldest executive at Gentex Corp. is John Mulder, 83, who is the Independent Director.
Over the last 21 years, insiders at Gentex have traded over $173,308,474 worth of Gentex stock and bought 22,609 units worth $517,827 . The most active insiders traders include Fred Bauer, Steven R Downing et Brian C Walker. On average, Gentex executives and independent directors trade stock every 21 days with the average trade being worth of $1,051,078. The most recent stock trade was executed by Joseph B Jr Anderson on 20 May 2024, trading 4,716 units of GNTX stock currently worth $162,513.
gentex is a global, high technology electronics company that is managed by engineers and others who understand the freedom and discipline that's required to run an entrepreneurial company. we are a unique, profitable company that is vertically integrated in highly automated electronics, cmos camera development and manufacturing, vacuum coatings, and glass bending and fabrication. we specialize in a broad spectrum of technologies and processes to deliver high quality products to the automotive, aerospace and fire protection industries.
Gentex executives and other stock owners filed with the SEC include: