SPY425.26+0.95 0.22%
DIA344.30-0.82 -0.24%
IXIC14,174.14+104.72 0.74%

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

05/10/2021 13:45

05:33 PM EDT, 05/10/2021 (MT Newswires) -- Jeff A Zadoks, EVP & CFO, exercised options/derivative securities for 75,518 shares of Post Holdings (POST) and sold 59,666 shares in the company for $6,942,139 to meet tax obligations on May 07, 2021. After accounting for tax obligations this transaction resulted in a net acquisition of 15,852 company shares. Zadoks, subsequent to the transactions detailed in the SEC Form 4 filing, has control over 79,329 shares of the company of which 56,218 shares are held directly and 23,111 shares are controlled indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $9.23 million.

Over the last 90 days, previous to the date of this filing, there have been 8 insider transactions reported to the SEC for Post Holdings. These transactions came from the activities of 3 individual insiders that resulted in a net acquisition of 84,835 company shares. Relative to the preceding 90-day window of time, there were 31 transactions from 14 insiders and resulted in the net acquisition of 124,599 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1530950/000153095021000163/xslF345X03/wf-form4_162068224849179.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.