APD - Insider Unloading: Seifi Ghasemi Sells Options Realizes $21.20M | Benzinga
A large exercise of company stock options by Seifi Ghasemi, Chairman at Air Products & Chemicals (NYSE:APD) was disclosed in a new SEC filing on July 2, as part of an insider exercise.
What Happened: The latest Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission uncovered Ghasemi, Chairman at Air Products & Chemicals, exercising stock options for 165,235 shares of APD. The total transaction was valued at $21,199,650.
Currently, Air Products & Chemicals shares are trading up 0.67%, priced at $248.99 during Tuesday's morning. This values Ghasemi's 165,235 shares at $21,199,650.
All You Need to Know About Air Products & Chemicals
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $12.6 billion in revenue in fiscal 2023.
Understanding the Numbers: Air Products & Chemicals's Finances
Decline in Revenue: Over the 3 months period, Air Products & Chemicals faced challenges, resulting in a decline of approximately -8.43% in revenue growth as of 31 March, 2024. ...