Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Adam Elsesser earned $601.62K in total compensation at Penumbra, primarily from $600.00K salary. Most recently sold 246,400 shares in Mar 2025. Currently holds stock worth $231.15M. Has donated $4.03M in stock to charitable causes. Has led Penumbra for over 10 years.

Compensation History

Annual executive compensation data for Adam Elsesser, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$601.62K

Salary

$600.00K

Bonus

$0.00

Other

$1.62K

Salary

$600.00K

Board Justification

The company maintains a simple executive compensation program focused on base salary and equity ownership, with no cash bonuses or other short-term incentives, aligning long-term interests with those of stockholders.

Bonus

$0.00

Board Justification

No cash bonuses or other short-term cash incentive compensation were provided in 2023.

Other Compensation

$1.62K

Board Justification

Includes life insurance and short-term and long-term disability insurance premium payments.

Restricted Stock

$0.000 RSU

Board Justification

No stock awards vested in 2023 as the CEO did not receive any new equity grants or increases in cash compensation.

Performance Metrics

The CEO's compensation is linked to the company's performance metrics, including revenue and non-GAAP income from operations.

P

Adam Elsesser

CEO of Penumbra

Education

MBA from Harvard Business School

Field of Expertise

Business & Management

Sector of Economy

Healthcare

Born

January 1, 1977 - 48 years ago

CEO of Penumbra for

10 years 11 months (Jan 2015 - Present)

Previous Experience

President of Penumbra, Inc. from January 2015 to August 2019

Holdings

Track Adam Elsesser's stock holdings and portfolio value over time.

Total Stock Sold

$197.57M

PEN

$197.57M

1,091,400 PEN shares

What if they kept their stock?

If Adam Elsesser didn't sell their stock, today they would have:
Extra PEN1,091,400 shares worth $328.14M.
This is 66.09% and $130.57M more than what they got when they sold the stock.

Charitable Transactions

PEN

13,400 shares

PEN

Recent Charitable Transactions

PEN

13,400 shares

PEN

Dec 31, 2019

Charity

Insider Trading

Adam Elsesser's recent stock transactions, purchases, and sales filed with the SEC.

PEN

$69.91M

PEN at $283.72/share

Mar 5, 2025

Sale

PEN

$3.64M

PEN at $242.90/share

Dec 20, 2024

Sale

PEN

$3.56M

PEN at $237.22/share

Nov 20, 2024

Sale

PEN

$3.07M

PEN at $204.71/share

Oct 21, 2024

Sale

PEN

$2.96M

PEN at $197.63/share

Sep 20, 2024

Sale

PEN

$6.10M

PEN at $203.50/share

Aug 22, 2024

Sale

PEN

$3.03M

PEN at $201.91/share

Jul 17, 2024

Sale

PEN

$3.03M

PEN at $201.90/share

May 20, 2024

Sale

PEN

$2.14M

PEN at $220.96/share

Oct 11, 2023

Sale

PEN

$2.88M

PEN at $298.40/share

Sep 11, 2023

Sale

Rivals

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