The chief financial officer and executive vice president of video game retailer GameStop Corp. exercised options for and 300,000 shares of common stock, according to a Securities and Exchange Commission filing Friday.
In a Form 4 filed with the SEC, David W. Carlson reported he exercised options for the shares Wednesday for $9 to $9.29 apiece and then sold all of them on the same day for $55 to $55.61 each.
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.
GameStop is based in Grapevine, Texas.