Last updated: 22 May 2024 at 4:40pm EST

Peter Chung Net Worth




The estimated Net Worth of Peter Y Chung is at least $1.38 milliard dollars as of 20 May 2024. Mr. Chung owns over 3,296,047 units of Acacia Communications Inc stock worth over $1,290,961 and over the last 13 years he sold ACIA stock worth over $1,381,880,394. In addition, he makes $253,001 as Independent Director at Acacia Communications Inc.

Mr. Chung ACIA stock SEC Form 4 insiders trading

Peter has made over 23 trades of the Acacia Communications Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 3,296,047 units of ACIA stock worth $50,759,124 on 20 May 2024.

The largest trade he's ever made was selling 13,000,000 units of Acacia Communications Inc stock on 11 September 2013 worth over $429,000,000. On average, Peter trades about 801,097 units every 79 days since 2011. As of 20 May 2024 he still owns at least 619,166 units of Acacia Communications Inc stock.

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





Peter Chung biography

Peter Y. Chung serves as Independent Director of the Company. Mr. Chung is a managing director and the chief executive officer of Summit Partners, L.P., a global alternative investment firm, where he has been employed since 1994. He is currently a director of A10 Networks, Inc., a provider of secure application solutions, and MACOM Technology Solutions Holdings, Inc., a provider of analog semiconductor solutions. Previously, Mr. Chung served as a director of various other entities, including Ubiquiti Networks, Inc., a developer of networking technology for service providers and enterprises. Mr. Chung holds an A.B. in economics from Harvard University and an M.B.A. from the Stanford University Graduate School of Business.

What is the salary of Peter Chung?

As the Independent Director of Acacia Communications Inc, the total compensation of Peter Chung at Acacia Communications Inc is $253,001. There are 10 executives at Acacia Communications Inc getting paid more, with Murugesan Shanmugaraj having the highest compensation of $2,626,270.



How old is Peter Chung?

Peter Chung is 52, he's been the Independent Director of Acacia Communications Inc since 2013. There are 8 older and 4 younger executives at Acacia Communications Inc. The oldest executive at Acacia Communications Inc is David Aldrich, 63, who is the Independent Director.

What's Peter Chung's mailing address?

Peter's mailing address filed with the SEC is C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON, MA, 02116.

Insiders trading at Acacia Communications Inc

Over the last 9 years, insiders at Acacia Communications Inc have traded over $1,379,349,773 worth of Acacia Communications Inc stock. The most active insiders traders include Peter Y Chung, David J Aldrich et Partners Viii L P Matrix. On average, Acacia Communications Inc executives and independent directors trade stock every 6 days with the average trade being worth of $122,538. The most recent stock trade was executed by Bhupendra C Shah on 2 February 2021, trading 4,274 units of ACIA stock currently worth $489,159.





What does Acacia Communications Inc's logo look like?

Acacia Communications Inc logo

Complete history of Mr. Chung stock trades at Acacia Communications Inc, MACOM Technology Solutions Inc et A10 Networks Inc

Date
#
Société
Initié
Trans.
Transaction
Actions Prix par action Prix ​​total Actions après Source
20 May 2024 Peter Y Chung
Vente 3,296,047 $15.40 $50,759,124
20 May 2024
619,166
15 Nov 2022 Peter Y Chung
Vente 1,500,000 $17.20 $25,800,000
15 Nov 2022
3,888,206
7 Dec 2021 Peter Y Chung
Vente 700,000 $15.05 $10,535,000
7 Dec 2021
8,877,890
8 Aug 2022 Peter Y Chung
Vente 850,311 $59.00 $50,168,349
8 Aug 2022
43,268
11 Nov 2020 Peter Y Chung
Vente 420,368 $42.47 $17,853,029
11 Nov 2020
888,718
2 Feb 2017 Peter Y Chung
Vente 1,201,635 $46.55 $55,936,109
2 Feb 2017
17,416
2 Feb 2017 Peter Y Chung
Vente 1,201,635 $46.55 $55,936,109
2 Feb 2017
17,416
2 May 2016 Peter Y Chung
Vente 1,400,000 $40.00 $56,000,000
2 May 2016
1,215,938
25 Feb 2016 Peter Y Chung
Vente 900,000 $36.00 $32,400,000
25 Feb 2016
2,615,938
28 Jan 2016 Peter Y Chung
Vente 2,700,000 $37.70 $101,790,000
28 Jan 2016
3,515,938
29 May 2015 Peter Y Chung
Vente 34,565 $38.32 $1,324,531
29 May 2015
6,215,938
11 Feb 2015 Peter Y Chung
Vente 2,235,000 $28.58 $63,876,300
11 Feb 2015
6,248,926
26 Feb 2019 Peter Y Chung
Directeur
Vente 1,300,127 $52.25 $67,931,636
26 Feb 2019
10,590
9 Mar 2017 Peter Y Chung
Directeur
Vente 1,250,000 $50.25 $62,812,500
9 Mar 2017
1,300,127
13 Oct 2016 Peter Y Chung
Directeur
Vente 346,202 $96.50 $33,408,493
13 Oct 2016
2,550,127


Acacia Communications Inc executives and stock owners

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