Sundar PichaiSundar Pichai earned $164M in 2023

Joseph Risico was a Co-Chief Executive Officer at Aterian, Inc. and his tenure was marked by significant financial activities, including insider trading amounts reaching up to $3 million in a single month as of 2021. Joseph has a robust background...

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Joseph Risico

CEO of Aterian, Inc.

Education

J.D. from Columbia Law School, B.A. from New York University.

Field of Expertise

Legal & Compliance - Law

Sector of Economy

Consumer Cyclical

Born

January 1, 1974 - 51 years ago

CEO of Aterian, Inc. for

1 year 10 months (Jul 2023 - Present)

Previous Experience

Chief Legal Officer at Aterian since March 2021, Head of M&A since July 2021.

Rivals

Competitors/colleagues of Joseph Risico

Holdings

See how much did Joseph Risico make over time.

During his time as Co-CEO, Joseph Risico had fluctuations in his holdings that highlighted a dynamic involvement with Aterian's stock. In 2021, he executed trades that reflected a peak value of $3.04 million in April of that year, showing aggressive...

No data yet.

No data yet.

Total Stock Sold

$150.36M

ATER

$150.36M

46,295.583 ATER shares

What if they kept their stock?

If Joseph Risico didn't sell their stock, today they would have:
Extra ATER46,295.583 shares worth $12.06M.
This is -91.98% and $138.30M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Joseph Risico.

ATER

176,000 shares

ATER

Apr 26, 2024

Received

ATER

945,946 shares

ATER

Sep 13, 2023

Received

ATER

958,410 shares

ATER

Jun 12, 2023

Received

ATER

$29.85K

ATER at $0.51/share

Jun 12, 2023

Sale

ATER

47,619 shares

ATER

Oct 4, 2022

Received

ATER

$9.97K

ATER at $2.37/share

Sep 13, 2022

Sale

ATER

$61.01K

ATER at $2.56/share

Jun 14, 2022

Sale

ATER

291,871 shares

ATER

May 27, 2022

Received

ATER

$363.11K

ATER at $4.16/share

Dec 22, 2021

Sale

ATER

119,239 shares

ATER

Jun 30, 2021

Received

Compensation History

See how much did Joseph Risico make over time.

In 2023, Joseph Risico's total compensation was approximately $1.16 million, which included a base salary of $314,403 and $834,059 from vested stock awards. He did not receive any bonuses for that year, focusing instead on stock value linked to his performance and the company's success. Risico's compensation strategy was designed to align with Aterian's performance metrics, emphasizing the importance of achieving strong financial results. His base salary saw an increase to $325,000 in September 2023 as part of his employment agreement adjustments, reflecting a standard industry practice to remain competitive. The company's philosophy ensured that executive pay closely mirrored company performance, providing a clear motivation for leadership.

Year

2023

Total Compensation

$1.16M

Salary

$314.40K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, ensuring that executive compensation is competitive and linked to performance metrics.

Bonus

$0.00

Board Justification

No bonuses were paid to our Named Executive Officers for the year-ended December 31, 2023.

Other

$8.68K

Board Justification

Other compensation includes various benefits and perquisites provided to the CEO.

Restricted Stock

$834.06K(834.06K RSU)

Board Justification

The amount represents the aggregate grant date fair value of the restricted stock awards that vested in 2023, computed in accordance with FASB ASC Topic 718.

Performance Metrics

Performance metrics for determining compensation include company financial performance and individual contributions.

Other Aterian, Inc. CEOs

Here are other CEOs of Aterian, Inc.