Cambrex President, Chairman and CEO Sells 51,108 Shares
NEW YORK (AP) -- The president, chairman and chief executive of Cambrex Corp., which makes the active ingredients in pharmaceuticals, exercised options for 51,108 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.
In a Form 4 filed with the SEC, James A. Mack exercised 24,200 options on Friday and 26,908 options on Tuesday for $22.06. He sold the same number of shares on Friday and Tuesday for $22.90 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Do the math, that's some serious cash!
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