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Insider Trends: Prestige Consumer Healthcare Insider Receives Stock Award Sells Portion for Taxes, Scaling Down 90-Day Buy Trend

05/11/2021 12:16

04:06 PM EDT, 05/11/2021 (MT Newswires) -- Christine Sacco, Chief Financial Office, awarded 3,665 shares in Prestige Consumer Healthcare (PBH) and sold 4,344 shares concurrently to meet tax obligations on May 07, 2021. After accounting for tax obligations this transaction resulted in a net disposition of 679 company shares. Following the Form 4 filing with the SEC, Sacco owns 28,195 shares of the company, with a market value, based on the prior-day closing price, of $1.32 million.

Over the last 90 days, prior to the date of this filing, there have been 26 insider transactions reported to the SEC for Prestige Consumer Healthcare. These transactions came from the activities of 7 different insiders that resulted in a net acquisition of 19,496 company shares. In the preceding 90-day window of time, there was 1 transaction from 1 insider which culminated in the disposition of 2,532 shares.

This represents a lower level of transactions than the peer group average in the 13-company Drug Retailers peer group over the last 90-day period. Activity in the peer group averaged 106.5 transactions per company, with company insiders acquiring on average 154,847 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1295947/000110465921064516/xslF345X03/tm2115936-4_4seq1.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.