Last updated: 6 December 2022 at 8:15pm EST

Frederick Kornberg Net Worth




The estimated Net Worth of Fred Kornberg is at least $6.03 Million dollars as of 31 July 2022. Mr. Kornberg owns over 58,027 units of Comtech Telecommunications stock worth over $1,009,157 and over the last 21 years he sold CMTL stock worth over $1,280,250. In addition, he makes $3,740,560 as Chairman of the Board and Chief Executive Officer at Comtech Telecommunications.

Mr. Kornberg CMTL stock SEC Form 4 insiders trading

Frederick has made over 22 trades of the Comtech Telecommunications stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 58,027 units of CMTL stock worth $191,489 on 31 July 2022.

The largest trade he's ever made was exercising 100,000 units of Comtech Telecommunications stock on 4 November 2019 worth over $2,884,000. On average, Frederick trades about 5,948 units every 39 days since 2003. As of 31 July 2022 he still owns at least 305,805 units of Comtech Telecommunications stock.

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





Frederick Kornberg biography

Fred Kornberg serves as Chairman of the Board, Chief Executive Officer of the Company. He is also Chairman of Comtech's Board of Directors. From January 2015 to January 2016, he served as Comtech’s Executive Chairman, and from January 2016 until September 2016, as Chairman. He also served as CEO and President of Comtech from 1976 to 2015. Mr. Kornberg brings to his director role deep knowledge of the Company’s history, strategies, technologies and culture. His experience leading the Company’s management and the depth of his knowledge of our business enable him to provide valuable leadership on complex business matters that we face on an ongoing basis. Mr. Kornberg has been the driving force behind the Company’s continuous efforts in technological innovation and operational excellence to achieve market leadership and generate long-term stockholder value. Mr. Kornberg has been a director of Comtech since 1971 and is currently a member of both the Executive Committee and the Science and Technology Committee of the Board of Directors.

What is the salary of Frederick Kornberg?

As the Chairman of the Board and Chief Executive Officer of Comtech Telecommunications, the total compensation of Frederick Kornberg at Comtech Telecommunications is $3,740,560. There are no executives at Comtech Telecommunications getting paid more.



How old is Frederick Kornberg?

Frederick Kornberg is 83, he's been the Chairman of the Board and Chief Executive Officer of Comtech Telecommunications since 2020. There are 2 older and 10 younger executives at Comtech Telecommunications. The oldest executive at Comtech Telecommunications Corp. is Edwin Kantor, 87, who is the Lead Independent Director.

What's Frederick Kornberg's mailing address?

Fred's mailing address filed with the SEC is 68 SOUTH SERVICE ROAD, SUITE 230, , MELVILLE, NY, 11747.

Insiders trading at Comtech Telecommunications

Over the last 22 years, insiders at Comtech Telecommunications have traded over $8,806,923 worth of Comtech Telecommunications stock and bought 253,812 units worth $3,589,684 . The most active insiders traders include Fred Kornberg, Michael Porcelain, and Richard L Burt. On average, Comtech Telecommunications executives and independent directors trade stock every 21 days with the average trade being worth of $34,429. The most recent stock trade was executed by Maria Hedden on 12 August 2024, trading 3,715 units of CMTL stock currently worth $12,260.



What does Comtech Telecommunications do?

comtech telecommunications corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. we are technology leaders in the markets that we serve and conduct our business through three decentralized but complementary segments.



What does Comtech Telecommunications's logo look like?

Comtech Telecommunications Corp. logo

Complete history of Mr. Kornberg stock trades at Comtech Telecommunications

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
31 Jul 2022 Fred Kornberg
Director
Option 58,027 $11.62 $674,274
31 Jul 2022
305,805
3 Jan 2022 Fred Kornberg
Director
Option 81,660 $23.96 $1,956,574
3 Jan 2022
247,265
9 Aug 2021 Fred Kornberg
Director
Option 4,516 $26.11 $117,913
9 Aug 2021
118,448
9 Aug 2021 Fred Kornberg
Director
Option 6,140 $26.11 $160,315
9 Aug 2021
117,195
8 Aug 2021 Fred Kornberg
Director
Option 3,462 $26.27 $90,947
8 Aug 2021
117,017
4 Aug 2021 Fred Kornberg
Director
Option 7,554 $24.72 $186,735
4 Aug 2021
117,569
31 Jul 2021 Fred Kornberg
Director
Option 2,910 $24.97 $72,663
31 Jul 2021
112,925
31 Jul 2021 Fred Kornberg
Director
Option 39,015 $24.97 $974,205
31 Jul 2021
129,827
9 Aug 2020 Fred Kornberg
Director
Option 4,516 $17.56 $79,301
9 Aug 2020
76,540
9 Aug 2020 Fred Kornberg
Director
Option 6,141 $17.56 $107,836
9 Aug 2020
75,032
8 Aug 2020 Fred Kornberg
Director
Option 3,461 $17.56 $60,775
8 Aug 2020
74,385
31 Jul 2020 Fred Kornberg
Director
Option 1,797 $16.42 $29,507
31 Jul 2020
72,721
31 Jul 2020 Fred Kornberg
Director
Option 48,217 $16.42 $791,723
31 Jul 2020
93,403
4 Nov 2019 Fred Kornberg
Director
Option 100,000 $28.84 $2,884,000
4 Nov 2019
444,767
17 Apr 2018 Fred Kornberg
Director
Sale 30,000 $32.35 $970,500
17 Apr 2018
445,632
11 Dec 2017 Fred Kornberg
Director
Sale 15,000 $20.65 $309,750
11 Dec 2017
475,632
1 Aug 2014 Fred Kornberg
Director
Option 90,000 $26.90 $2,421,000
1 Aug 2014
491,902
2 Jun 2014 Fred Kornberg
Director
Option 80,000 $29.61 $2,368,800
2 Jun 2014
475,445
16 Oct 2013 Fred Kornberg
Director
Buy 7,958 $27.44 $218,368
16 Oct 2013
395,445
20 Oct 2011 Fred Kornberg
Director
Buy 10,000 $31.51 $315,100
20 Oct 2011
385,000
15 Jun 2011 Fred Kornberg
Director
Buy 20,000 $24.00 $480,000
15 Jun 2011
375,000
31 Mar 2011 Fred Kornberg
Director
Buy 10,126 $27.22 $275,630
31 Mar 2011
355,000


Comtech Telecommunications executives and stock owners

Comtech Telecommunications executives and other stock owners filed with the SEC include: