In 2023, H.O. Woltz III earned $1.88M in total compensation at Insteel Industries, including $700.00K salary, $654.50K bonus and $435.42K in stock. Most recently acquired 5,036 shares in Feb 2024. Currently holds stock worth $21.51M. Has donated $3.69M in stock to charitable causes. Has led Insteel Industries for over 18 years.
Compensation History
Annual executive compensation data for H.O. Woltz III, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.88M
Salary
$700.00K
Bonus
$654.50K
Other
$92.01K
Salary
$700.00KBoard Justification
The compensation philosophy is designed to attract, motivate, and retain key executives by providing competitive total compensation opportunities aligned with the company's performance and shareholder interests.
Bonus
$654.50KBoard Justification
The annual incentive payment under the Return on Capital Incentive Compensation Plan (ROCICP) was based on the company's return on capital performance, resulting in a payout at 93.5% of the targeted amounts.
Other Compensation
$92.01KBoard Justification
Other compensation includes dividend equivalents paid on RSUs, death benefit value, and 401(k) matching payments.
Restricted Stock
Board Justification
The stock awards that vested in 2023 were part of the long-term incentive plan, specifically restricted stock units (RSUs), which vest on the third anniversary of the grant date.
Performance Metrics
The primary performance metric for determining compensation is the company's return on capital, which is closely correlated with shareholder value creation.
H.O. Woltz III
CEO of Insteel Industries
Field of Expertise
Business & Management
Sector of Economy
Industrials
CEO of Insteel Industries for
18 years 9 months (Feb 2007 - Present)
Previous Experience
Unknown
Holdings
Track H.O. Woltz III's stock holdings and portfolio value over time.
Total Stock Sold
$10.08M
$10.08M
412,473 IIIN shares
What if they kept their stock?
If H.O. Woltz III didn't sell their stock, today they would have:
Extra IIIN412,473 shares worth $13.06M.
This is 29.66% and $2.99M more than what they got when they sold the stock.
Charitable Transactions
116,405 shares
IIIN
Recent Charitable Transactions
867 shares
IIIN
Dec 4, 2024
Charity
5,770 shares
IIIN
Dec 3, 2024
Charity
2,200 shares
IIIN
Nov 29, 2023
Charity
16,040 shares
IIIN
Dec 15, 2022
Charity
4,770 shares
IIIN
Dec 21, 2021
Charity
2,625 shares
IIIN
Aug 27, 2021
Charity
Insider Trading
H.O. Woltz III's recent stock transactions, purchases, and sales filed with the SEC.
867 shares
IIIN
Dec 4, 2024
Charity
5,770 shares
IIIN
Dec 3, 2024
Charity
5,036 shares
IIIN
Feb 13, 2024
Received
2,200 shares
IIIN
Nov 29, 2023
Charity
5,647 shares
IIIN
Aug 14, 2023
Received
5,781 shares
IIIN
Feb 14, 2023
Received
16,040 shares
IIIN
Dec 15, 2022
Charity
5,340 shares
IIIN
Aug 15, 2022
Received
3,892 shares
IIIN
Feb 15, 2022
Received
4,770 shares
IIIN
Dec 21, 2021
Charity
Rivals
Compare H.O. Woltz III with competitor CEOs and industry peers.