GATO - Gatos Silver Board Member Awarded $100K Worth of Stock Options | Benzinga
Janice Stairs, Board Member at Gatos Silver (NYSE:GATO), reported a large acquisition of company stock options on November 14, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Stairs, Board Member at Gatos Silver, a company in the Materials sector, was just awarded stock options worth 19,175 shares of GATO. The options give Stairs the right to buy the company's stock at $4.74 per share.
Gatos Silver shares are trading up 0.96% at $5.25 at the time of this writing on Wednesday morning. Since the current price is $5.25, this makes Stairs's 19,175 shares worth $100,668.