PALT - Director at Paltalk Acquires Company Stock Options Worth 100000 Shares | Benzinga
Geoffrey Cook, Director at Paltalk (NASDAQ:PALT), reported a large acquisition of company stock options on October 12, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Cook, Director at Paltalk, a company in the Communication Services sector, was just awarded stock options worth 100,000 shares of PALT. The options give Cook the right to buy the company's stock at $1.86 per share.
Paltalk shares are trading up 0.53% at $1.89 at the time of this writing on Friday morning. Since the current price is $1.89, this makes Cook's 100,000 shares worth $188,990.