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Insider Trends: Glatfelter Insider Exercises Options Extending 90-Day Buying Trend

05/10/2021 10:24

02:23 PM EDT, 05/10/2021 (MT Newswires) -- Bruce Brown, Director, exercised options for 8,415 shares in Glatfelter (GLT) for $128,665 on May 06, 2021. Subsequent to the Form 4 filing with the SEC, Brown has 40,366 company shares, which have a market value of $617,196 as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 15 insider transactions reported to the SEC for Glatfelter. These transactions came from the activities of 7 different insiders that resulted in a net acquisition of 43,169 company shares. Relative to the preceding 90-day window of time, there are no insider transactions for the company.

This level of insider transactions is below that of the peer group average in the 6-company Paper Mills & Products peer group over the last 90-day period. Activity in the peer group averaged 110.8 transactions per company, with company insiders acquiring on average 220,269 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/41719/000112760221016004/xslF345X03/form4.xml

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