In 2012, Michael H. Carrel earned $201.46K in total compensation at AtriCure, primarily from $83.33K salary. Most recently acquired 202,484 shares in Mar 2025. Currently holds stock worth $48.66M. Has donated $2.41M in stock to charitable causes. Has led AtriCure for over 13 years.
Compensation History
Annual executive compensation data for Michael H. Carrel, including salary, bonuses, and stock awards.
Year
2012
Total Compensation
$201.46K
Salary
$83.33K
Bonus
$0.00
Other
$118.13K
Salary
$83.33KBoard Justification
The compensation philosophy is rooted in a pay-for-performance approach that links executive officer compensation to company performance, aiming to attract, motivate, and retain talented executives while aligning their interests with those of stockholders.
Bonus
$0.00Board Justification
No bonuses were paid for 2012 as the determination of the annual incentive targets was not made until the second half of the year due to transitions in management.
Other Compensation
$118.13KBoard Justification
Other compensation includes reimbursement of certain out-of-pocket expenses, including temporary housing and for reimbursement up to $10,000 annually for incremental term life insurance.
Restricted Stock
Board Justification
No stock awards vested in 2012 as the amounts reported in the stock awards column represent the aggregate grant date fair value of performance share awards, restricted stock awards and option awards computed, as of each grant date, in accordance with FASB ASC Topic 718.
Performance Metrics
The performance metrics for determining the compensation are based on the achievement of specific operational, financial, and strategic goals.
Michael H. Carrel
CEO of AtriCure
Field of Expertise
Business & Management
Sector of Economy
Healthcare
CEO of AtriCure for
13 years 1 month (Nov 2012 - Present)
Previous Experience
President and Chief Executive Officer of Vital Images
Other AtriCure CEOs
Holdings
Track Michael H. Carrel's stock holdings and portfolio value over time.
Total Stock Sold
$35.21M
$35.21M
700,000 ATRC shares
What if they kept their stock?
If Michael H. Carrel didn't sell their stock, today they would have:
Extra ATRC700,000 shares worth $27.90M.
This is -20.76% and $7.31M less than what they got when they sold the stock.
Charitable Transactions
60,355 shares
ATRC
Recent Charitable Transactions
3,000 shares
ATRC
Aug 14, 2024
Charity
2,000 shares
ATRC
Mar 14, 2024
Charity
10,000 shares
ATRC
Nov 27, 2023
Charity
1,250 shares
ATRC
Aug 4, 2023
Charity
1,000 shares
ATRC
May 31, 2023
Charity
1,600 shares
ATRC
Mar 1, 2023
Charity
Insider Trading
Michael H. Carrel's recent stock transactions, purchases, and sales filed with the SEC.
202,484 shares
ATRC
Mar 1, 2025
Received
3,000 shares
ATRC
Aug 14, 2024
Charity
$13.68K
ATRC at $19.35/share
Jun 28, 2024
Received
2,000 shares
ATRC
Mar 14, 2024
Charity
119,996 shares
ATRC
Mar 1, 2024
Received
10,000 shares
ATRC
Nov 27, 2023
Charity
1,250 shares
ATRC
Aug 4, 2023
Charity
$21.23K
ATRC at $38.11/share
Jun 30, 2023
Received
1,000 shares
ATRC
May 31, 2023
Charity
115,227 shares
ATRC
Mar 1, 2023
Received
Rivals
Compare Michael H. Carrel with competitor CEOs and industry peers.