ACU - Brian S Olschan At Acme United Exercises Options | Benzinga
In a new SEC filing on December 4, it was revealed that Olschan, President and COO at Acme United (AMEX:ACU), executed a significant exercise of company stock options.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Monday revealed that Olschan, President and COO at Acme United in the Industrials sector, exercised stock options for 1,015 shares of ACU stock. The exercise price of the options was $16.92 per share.
Acme United shares are currently trading up by 0.64%, with a current price of $39.18 as of Tuesday morning. This brings the total value of Olschan's 1,015 shares to $22,593.
Delving into Acme United's Background
Acme United Corp is a supplier of first aid and medical products and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. Its principal products sold across all segments are first aid kits and medical products, scissors, shears, knives, rulers, pencil sharpeners, and sharpening tools. The Company sells its products to mass market and e-commerce retailers, industrial distributors, wholesale, contract, and retail stationery distributors, office supply superstores, sporting goods stores, and hardware chains. The Company's reportable business segments consist of the United States, Canada, and Europe, out of which a majority of the company's revenue is derived from the United States.