Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Glen D. Weinstein earned $1.94M in total compensation at iRobot, including $430.00K salary and $1.50M in stock. Most recently acquired 115,163 shares in Mar 2024. Currently holds stock worth $376.00K. Has donated $3.10K in stock to charitable causes. Led iRobot as CEO for 4 years.

Compensation History

Annual executive compensation data for Glen D. Weinstein, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.94M

Salary

$430.00K

Bonus

$0.00

Other

$9.90K

Salary

$430.00K

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with company performance and shareholder interests.

Bonus

$0.00

Board Justification

No annual bonuses were paid to named executive officers for 2023 as the company did not achieve the threshold performance levels for revenue and non-GAAP operating income.

Other Compensation

$9.90K

Board Justification

Includes 401(k) matching contributions of $9,900.

Restricted Stock

$1.50M34.15K RSU

Board Justification

34,145 RSUs were granted in 2023, which vested during the year.

Performance Metrics

The performance metrics for 2023 included revenue and non-GAAP operating income, with no bonuses paid as the targets were not met.

i

Glen D. Weinstein

Ex-CEO of iRobot

Education

B.A. in Economics from Brandeis University; M.B.A. from Northwestern University, Kellogg School of Management

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1961 - 64 years ago

CEO of iRobot for

4 years 0 months (May 2020 - May 2024)

Previous Experience

CEO at Qualitor Automotive; CEO at Timex; Leadership roles at Energizer, Playtex, and Gillette

Holdings

Track Glen D. Weinstein's stock holdings and portfolio value over time.

Total Stock Sold

$16.96M

IRBT

$16.96M

266,153 IRBT shares

What if they kept their stock?

If Glen D. Weinstein didn't sell their stock, today they would have:
Extra IRBT266,153 shares worth $519.00K.
This is -96.94% and $16.44M less than what they got when they sold the stock.

Charitable Transactions

IRBT

1,591 shares

IRBT

Recent Charitable Transactions

IRBT

1,591 shares

IRBT

Jan 1, 2022

Charity

Insider Trading

Glen D. Weinstein's recent stock transactions, purchases, and sales filed with the SEC.

IRBT

115,163 shares

IRBT

Mar 8, 2024

Received

IRBT

554 shares

IRBT

Feb 21, 2024

Received

IRBT

34,145 shares

IRBT

Mar 10, 2023

Received

IRBT

2,216 shares

IRBT

Feb 22, 2023

Received

IRBT

10,388 shares

IRBT

Mar 11, 2022

Received

IRBT

1,591 shares

IRBT

Jan 1, 2022

Charity

IRBT

$2.31M

IRBT at $120.10/share

Mar 19, 2021

Sale

IRBT

5,366 shares

IRBT

Mar 12, 2021

Received

IRBT

6,858 shares

IRBT

Feb 24, 2021

Received

IRBT

$941.48K

IRBT at $134.96/share

Feb 11, 2021

Sale

Rivals

Compare Glen D. Weinstein with competitor CEOs and industry peers.