Scott Arthur  Rust net worth and biography

Scott Rust Biography and Net Worth

As executive vice president of platform and product, Scott Rust leads the global R&D organization and is responsible for extending the value of the NI platform through the development of world-class software and hardware components and platform product designs tailored to customers across industries.  

Since joining NI in 1990, Rust has held positions in R&D, strategic marketing, and applications engineering, including vice president of PXI test system products for R&D. In this role, he and his teams were responsible for the global development and strategic direction of application software products such as LabVIEW, SystemLink™ software, and TestStand; PXI measurement products such as RF, digitizers, signal generators, digital multimeters, high-speed digital I/O, switching, and power supplies; and PXI platform products like PXI chassis and controllers. Rust also established NI Penang as a center of excellence for the design and development of future NI products.  

Rust founded the IVI Foundation, an alliance formed to address the gap seen by military/aerospace and large commercial electronics test developers for interchangeable virtual instrument drivers. Rust has also chaired the Instrument Driver Technical Working Group as part of the VXIplug&play Systems Alliance. These initiatives have helped establish NI as a leader in instrument driver development and standardization. 

Rust is the inventor or coinventor of seven patents and holds a bachelor’s degree in electrical engineering from Texas A&M University.

What is Scott Arthur Rust's net worth?

The estimated net worth of Scott Arthur Rust is at least $2.19 million as of May 17th, 2023. Mr. Rust owns 36,533 shares of National Instruments stock worth more than $2,191,249 as of April 19th. This net worth evaluation does not reflect any other investments that Mr. Rust may own. Additionally, Mr. Rust receives a salary of $605,410.00 as EVP at National Instruments. Learn More about Scott Arthur Rust's net worth.

How old is Scott Arthur Rust?

Mr. Rust is currently 56 years old. There are 4 older executives and no younger executives at National Instruments. Learn More on Scott Arthur Rust's age.

What is Scott Arthur Rust's salary?

As the EVP of National Instruments Co., Mr. Rust earns $605,410.00 per year. There are 2 executives that earn more than Mr. Rust. The highest earning executive at National Instruments is Mr. Eric Howard Starkloff, Pres, CEO & Director, who commands a salary of $1,130,000.00 per year. Learn More on Scott Arthur Rust's salary.

How do I contact Scott Arthur Rust?

The corporate mailing address for Mr. Rust and other National Instruments executives is 11500 North MoPac Expressway, Austin TX, 78759. National Instruments can also be reached via phone at (512) 683-0100 and via email at [email protected]. Learn More on Scott Arthur Rust's contact information.

Has Scott Arthur Rust been buying or selling shares of National Instruments?

Scott Arthur Rust has not been actively trading shares of National Instruments over the course of the past ninety days. Most recently, Scott Arthur Rust sold 29,821 shares of the business's stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $57.98, for a transaction totalling $1,729,021.58. Following the completion of the sale, the executive vice president now directly owns 36,533 shares of the company's stock, valued at $2,118,183.34. Learn More on Scott Arthur Rust's trading history.

Who are National Instruments' active insiders?

National Instruments' insider roster includes Alexander Davern (Director), Gerhard Fettweis (Director), Jason Green (EVP), Jeffrey Kodosky (Director), Michael McGrath (Director), Karen Rapp (CFO), Scott Rust (EVP), Eric Starkloff (CEO), Carla Sublett (CMO), and James Truchard (Director). Learn More on National Instruments' active insiders.

Are insiders buying or selling shares of National Instruments?

In the last twelve months, insiders at the technology company sold shares 3 times. They sold a total of 38,352 shares worth more than $2,223,023.23. The most recent insider tranaction occured on May, 25th when EVP Ritu Favre sold 3,494 shares worth more than $201,603.80. Insiders at National Instruments own 0.7% of the company. Learn More about insider trades at National Instruments.

Information on this page was last updated on 5/25/2023.

Scott Arthur Rust Insider Trading History at National Instruments

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/17/2023Sell29,821$57.98$1,729,021.5836,533View SEC Filing Icon  
1/31/2023Sell2,094$54.25$113,599.5055,070View SEC Filing Icon  
5/2/2022Sell4,921$36.14$177,844.9448,892View SEC Filing Icon  
1/31/2022Sell1,429$40.44$57,788.76View SEC Filing Icon  
11/16/2021Sell8,832$45.24$399,559.68View SEC Filing Icon  
2/17/2021Sell2,325$45.71$106,275.7558,663View SEC Filing Icon  
5/17/2019Sell3,027$40.88$123,743.7640,659View SEC Filing Icon  
11/19/2018Sell4,576$48.54$222,119.0432,169View SEC Filing Icon  
5/25/2018Sell6,372$41.45$264,119.4032,025View SEC Filing Icon  
2/16/2018Sell4,395$49.45$217,332.7517,612View SEC Filing Icon  
5/30/2017Sell3,288$38.34$126,061.9217,189View SEC Filing Icon  
10/31/2016Sell17,454$27.80$485,221.2032,808View SEC Filing Icon  
11/2/2015Sell3,263$30.68$100,108.8428,203View SEC Filing Icon  
5/20/2015Sell6,102$29.97$182,876.94View SEC Filing Icon  
8/18/2014Sell5,173$32.78$169,570.94View SEC Filing Icon  
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Scott Arthur Rust Buying and Selling Activity at National Instruments

This chart shows Scott Arthur Rust's buying and selling at National Instruments by year and by quarter.

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National Instruments Company Overview

National Instruments logo
National Instruments Corporation provides a software-centric platform to engineers and scientists worldwide. Its programming environments software includes NI LabVIEW, a graphical software platform to visualize hardware configuration, measurement data, and debugging; NI LabWindows/CVI, an ANSI C integrated development environment and engineering toolbox; and NI Measurement Studio, a suite of .NET tools for building engineering applications in Microsoft Visual Studio. The company's application software comprises NI TestStand that is used for automated test and measurement applications in manufacturing environment; NI VeriStand, a software environment for configuring real-time testing applications; Flexlogger for sensor configuration and data logging of mixed signals. Its operations management and analytic enterprise software include NI DIAdem, which is configuration-based technical data management, analysis, and report generation tools to mine and analyze engineering and measurement data; NI SystemLink, a systems management and data collection software that enables the mass coordination of connected devices, software deployments, and data communications throughout a distributed system; and NI Optimal Plus. The company also offers PXI and NI C-series hardware; NI PXI modular instrument platform; and NI semiconductor test systems, as well as software and hardware maintenance, and training and certification services. It serves semiconductor and electronics, transportation, aerospace, and defense industries; and government agencies. The company sells its products through direct sales, independent distributors, original equipment manufacturers, resellers, and system integrators and consultants. National Instruments Corporation was incorporated in 1976 and is headquartered in Austin, Texas.
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Today's Range

Now: $59.98
Low: $59.98
High: $59.99

50 Day Range

MA: $59.82
Low: $59.53
High: $59.98

2 Week Range

Now: $59.98
Low: $34.97
High: $59.99

Volume

5,083,600 shs

Average Volume

1,822,658 shs

Market Capitalization

$7.97 billion

P/E Ratio

44.43

Dividend Yield

1.87%

Beta

1.14