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Ryland Group senior vice president exercises options

By Associated Press

May 2, 2008

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The senior vice president of homebuilder Ryland Group Inc. exercised options for 20,000 shares of common stock, according to a Securities and Exchange Commission filing Thursday.

In a Form 4 filed with the SEC, Daniel G. Schreiner reported he exercised options for the shares on Thursday for $6.30 apiece and sold them all the same day for $33.50 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.

Ryland Group is based in York, Pa.

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DocumentId: 636377, ~/articles/articlehandler.aspx, 10/15/2008 11:24:53 PM,

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