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AmeriCredit EVP exercises options

By Associated Press
May 28, 2008 | Comments (0)

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An executive vice president of auto finance company AmeriCredit Corp. exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.

In a Form 4 filed with the SEC, Steve Bowman reported exercising the options on Tuesday for $8.79 apiece and then selling the same number of shares on the same day for $13.02 to $13.06 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.

AmeriCredit is based in Fort Worth, Texas.

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