ENVA - David Fisher Exercises Options Realizes $745K | Benzinga
A large exercise of company stock options by David Fisher, Chief Executive Officer at Enova International (NYSE:ENVA) was disclosed in a new SEC filing on May 16, as part of an insider exercise.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Fisher, Chief Executive Officer at Enova International, a company in the Financials sector, just exercised stock options worth 20,000 shares of ENVA stock with an exercise price of $23.96.
As of Friday morning, Enova International shares are down by 0.0%, with a current price of $61.25. This implies that Fisher's 20,000 shares have a value of $745,800.
Get to Know Enova International Better
Enova International Inc provides online financial services, including short-term consumer loans, line of credit accounts, and installment loans to customers mainly in the United States and the United Kingdom. Consumers apply for credit online, receive a decision almost immediately, and can receive funds within one day. Enova acts as either the lender or a third-party facilitator between borrowers and other lenders. The company earns revenue from interest income, finance charges, and other fees, including fees on the transactions between borrowers and third-party lenders. The majority of revenue comes from the United States. The company realizes similar amounts of revenue ...