CTHR - Charles & Colvard President and CEO Awarded $94K Worth of Stock Options | Benzinga
DON OCONNELL, President and CEO at Charles & Colvard (NASDAQ:CTHR), reported a large acquisition of company stock options on November 16, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that OCONNELL, President and CEO at Charles & Colvard, a company in the Consumer Discretionary sector, was just awarded stock options worth 250,000 shares of CTHR. The options give OCONNELL the right to buy the company's stock at $0.3 per share.
Charles & Colvard shares are trading up 3.33% at $0.38 at the time of this writing on Friday morning. Since the current price is $0.38, this makes OCONNELL's 250,000 shares worth $94,776.