Electro-Sensors Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

David Klenk

Chief executive officer

US$336.2k

Total compensation

CEO salary percentage	74.3%
CEO tenure	11.3yrs
CEO ownership	1.6%
Management average tenure	no data
Board average tenure	12.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Klenk's remuneration changed compared to Electro-Sensors's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$440k
Jun 30 2024	n/a	n/a	US$210k
Mar 31 2024	n/a	n/a	US$330k
Dec 31 2023	US$336k	US$250k	US$275k
Sep 30 2023	n/a	n/a	US$351k
Jun 30 2023	n/a	n/a	US$465k
Mar 31 2023	n/a	n/a	US$65k
Dec 31 2022	US$327k	US$242k	US$100k
Sep 30 2022	n/a	n/a	US$10k
Jun 30 2022	n/a	n/a	-US$95k
Mar 31 2022	n/a	n/a	US$403k
Dec 31 2021	US$285k	US$230k	US$410k
Sep 30 2021	n/a	n/a	US$224k
Jun 30 2021	n/a	n/a	US$161k
Mar 31 2021	n/a	n/a	-US$35k
Dec 31 2020	US$278k	US$239k	-US$124k
Sep 30 2020	n/a	n/a	-US$23k
Jun 30 2020	n/a	n/a	US$42k
Mar 31 2020	n/a	n/a	US$127k
Dec 31 2019	US$272k	US$225k	US$187k
Sep 30 2019	n/a	n/a	US$139k
Jun 30 2019	n/a	n/a	US$307k
Mar 31 2019	n/a	n/a	US$161k
Dec 31 2018	US$254k	US$220k	-US$10k
Sep 30 2018	n/a	n/a	-US$54k
Jun 30 2018	n/a	n/a	-US$89k
Mar 31 2018	n/a	n/a	US$177k
Dec 31 2017	US$251k	US$210k	US$295k

Compensation vs Market: David's total compensation ($USD336.17K) is below average for companies of similar size in the US market ($USD652.28K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Klenk (59 yo)

11.3yrs

Tenure

US$336,172

Compensation

Mr. David L. Klenk has been the Chief Executive Officer and Chief Financial Officer of Electro-Sensors Inc. since July 23, 2013 and its President since 2013. Mr. Klenk served as Chief Operating Officer of...

Board Members

Name	Position	Tenure	Compensation	Ownership
David Klenk	CEO, President	11.4yrs	US$336.17k	1.56% $ 218.9k
Joseph Marino	Independent Chairman of the Board	30.8yrs	US$204.89k	0.073% $ 10.3k
Scott Gabbard	Independent Director	11.3yrs	US$114.30k	0% $ 0
Jeffrey Peterson	Independent Director	13.8yrs	US$132.14k	10.31% $ 1.4m
Michael Zipoy	Independent Director	12.8yrs	US$149.89k	0.36% $ 51.3k

12.8yrs

Average Tenure

67yo

Average Age

Experienced Board: ELSE's board of directors are seasoned and experienced ( 12.8 years average tenure).

Electro-Sensors Management

Management criteria checks 3/4

Key information

Recent management updates

Electro-Sensors, Inc., Annual General Meeting, Apr 24, 2024

Insufficient new directors

Insufficient new directors

Insider recently sold US$881k worth of stock

Insufficient new directors

Electro-Sensors, Inc., Annual General Meeting, Apr 20, 2022

Recent updates

Third quarter 2024 earnings released: EPS: US$0.069 (vs US$0.002 in 3Q 2023)

Second quarter 2024 earnings released: US$0.001 loss per share (vs US$0.034 profit in 2Q 2023)

First quarter 2024 earnings released: EPS: US$0.003 (vs US$0.013 loss in 1Q 2023)

Electro-Sensors, Inc., Annual General Meeting, Apr 24, 2024

Third quarter 2023 earnings released: EPS: US$0.002 (vs US$0.036 in 3Q 2022)

Second quarter 2023 earnings released: EPS: US$0.034 (vs US$0.084 loss in 2Q 2022)

First quarter 2023 earnings released: US$0.013 loss per share (vs US$0.003 loss in 1Q 2022)

Insufficient new directors

Mobile X Global, Inc. cancelled the acquisition of Electro-Sensors, Inc. (NasdaqCM:ELSE) from Directors, officers, major shareholders and others in a reverse merger transaction.

Insufficient new directors

Insider recently sold US$881k worth of stock

Second quarter 2022 earnings released: US$0.084 loss per share (vs US$0.063 profit in 2Q 2021)

Electro-Sensors GAAP EPS of -$0.08, revenue of $2.56M

Mobile X Global, Inc. entered into definitive agreement to acquire Electro-Sensors, Inc. (NasdaqCM:ELSE) from Directors, officers, major shareholders and others in a reverse merger transaction.

Mobile X Global, Inc. entered into definitive agreement to acquire Electro-Sensors, Inc. (NasdaqCM:ELSE) from Directors, officers, major shareholders and others in a reverse merger transaction.

Investor sentiment improved over the past week

First quarter 2022 earnings released: US$0.003 loss per share (vs US$0.001 loss in 1Q 2021)

Insufficient new directors

Full year 2021 earnings released: EPS: US$0.12 (vs US$0.037 loss in FY 2020)

Electro-Sensors, Inc., Annual General Meeting, Apr 20, 2022

Calculating The Fair Value Of Electro-Sensors, Inc. (NASDAQ:ELSE)

Insider recently bought US$1.2m worth of stock

Activist Investing Discloses its Views on Electro-Sensors

Returns At Electro-Sensors (NASDAQ:ELSE) Are On The Way Up

Third quarter 2021 earnings released: EPS US$0.002 (vs US$0.014 loss in 3Q 2020)

Electro-Sensors (NASDAQ:ELSE) Is Experiencing Growth In Returns On Capital

Second quarter 2021 earnings released: EPS US$0.063 (vs US$0.005 in 2Q 2020)

First quarter 2021 earnings released: US$0.001 loss per share (vs US$0.027 loss in 1Q 2020)

Calculating The Intrinsic Value Of Electro-Sensors, Inc. (NASDAQ:ELSE)

Full year 2020 earnings released: US$0.037 loss per share (vs US$0.055 profit in FY 2019)

New 90-day high: US$6.64

New 90-day high: US$4.95

Here's What We Learned About The CEO Pay At Electro-Sensors, Inc. (NASDAQ:ELSE)

Third quarter 2020 earnings released: US$0.014 loss per share

New 90-day high: US$8.50

First half earnings released

New 90-day high - US$3.88

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age