The estimated Net Worth of Peter Y Chung is at least $1.38 milliárd 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.
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 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.
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.
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.
Peter's mailing address filed with the SEC is C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON, MA, 02116.
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 és 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.
Acacia Communications Inc executives and other stock owners filed with the SEC include: