Wholesale Club CEO Sells Stock Under Trading Plan
1 report, 1 independent
Updated Oct 1
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What happened
Robert Eddy, CEO of Wholesale Club, sold 12,400 shares of the company stock on October 13th. The shares were sold at an average price of $100.18, totaling $1,242,232.00. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, and the sale reduced his ownership by 4.45%.
From themarketsdaily.com
Why it matters
The sale was disclosed to the Securities & Exchange Commission. Following the transaction, the company's stock traded down $0.30 during trading hours on Thursday, reaching $103.09. Wholesale Club last reported quarterly earnings of $1.36 EPS on August 21st, which beat analysts’ consensus estimate.
From themarketsdaily.com
Who's involved
- Robert EddyCEO who sold company stock
- Wholesale ClubCompany whose stock was sold
Keep exploring
The entities involved
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Robert Eddy
Australian rules footballer
Nothing else this week.
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Wholesale Club
Canadian supermarket chain