FSS - Insider Move: John L Workman Exercises Options Realizing $284K At Federal Signal | Benzinga
On December 6, it was revealed in an SEC filing that John L Workman, Director at Federal Signal (NYSE:FSS) executed a significant exercise of company stock options.
What Happened: In an insider options sale disclosed in a Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission, Workman, Director at Federal Signal, exercised stock options for 5,000 shares of FSS. The transaction value amounted to $284,050.
Federal Signal shares are trading down 0.0% at $69.5 at the time of this writing on Thursday morning. Since the current price is $69.5, this makes Workman's 5,000 shares worth $284,050.
All You Need to Know About Federal Signal
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 waterblasting 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 from the Environmental Solutions Group segment.