FSS - In A Strategic Move Diane Bonina Acquires Federal Signal Stock Options: Enhancing Value | Benzinga
A noteworthy insider acquisition was disclosed on May 6, as Bonina, VP at Federal Signal (NYSE:FSS), reported the acquisition of stock options for 4,271 shares.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Bonina, VP at Federal Signal, a company in the Industrials sector, acquired stock options for 4,271 shares of FSS. The options allow Bonina to buy the company's stock at $82.31 per share.
As of Tuesday morning, Federal Signal shares are down by 0.0%, with a current price of $84.2. This implies that Bonina's 4,271 shares have a value of $8,072.
Delving into Federal Signal's Background
Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates in the segments of Environmental Solutions Group and the Safety and Security Systems Group. The Environmental Solutions group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance water blasting equipment, dump truck bodies, and trailers. The Safety and Security Systems Group offers comprehensive systems and products such as campus and community alerting, emergency vehicles, first responder interoperable communications, and others. The company generates a majority of its revenue ...