CTHR - Charles & Colvard CFO Awarded $47K Worth of Stock Options | Benzinga
Clint J Pete, CFO at Charles & Colvard (NASDAQ:CTHR), reported a large acquisition of company stock options on November 17, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Pete, CFO at Charles & Colvard, a company in the Consumer Discretionary sector, was just awarded stock options worth 125,000 shares of CTHR. The options give Pete the right to buy the company's stock at $0.3 per share.
Charles & Colvard shares are trading up 3.19% at $0.38 at the time of this writing on Friday morning. Since the current price is $0.38, this makes Pete's 125,000 shares worth $47,325.