The senior vice president and chief information officer of apparel designer and retailer Guess Inc., exercised options for 5,850 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.
In a Form 4 filed with the SEC, Michael Relich reported he exercised options for the shares Tuesday for $8.68 to $18.10 apiece, and then sold all of them for $40.61 to $40.74 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Guess is based in Los Angeles.
Terms & Conditions
RSS Headlines
Fool UK