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Insider Trends: Nautilus Insider Exercises Option/Derivative Security to Acquire Stock Sells Portion to Pay Tax, Buy Trend Intact

05/07/2021 12:33

04:24 PM EDT, 05/07/2021 (MT Newswires) -- Jim Barr, Director and CEO, exercised options/derivative securities for 43,834 shares of Nautilus (NLS) and sold 17,249 shares in the company for $292,543 to meet tax obligations on May 05, 2021. After accounting for tax obligations this transaction resulted in a net acquisition of 26,585 company shares. Barr, after the transactions defined in the SEC Form 4 filing, has 38,780 company shares, with a market value, based on the prior-day closing price, of $671,670.

In the 90 days prior to the date of this filing, there have been 27 insider transactions reported to the SEC for Nautilus. These transactions came from the activities of 11 separate insiders that resulted in a net acquisition of 47,710 company shares. This compares with the preceding 90-day window of time where there were 8 transactions from 6 insiders and resulted in the net acquisition of 20,372 shares.

This represents a lower level of transactions than the peer group average in the 19-company Personal Products peer group over the last 90-day period. Within the peer group activity averaged 170.2 transactions per company, and disposition of 106,428 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1078207/000107820721000086/xslF345X03/wf-form4_162041877111665.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.