ENVA - Options Exercise: Kirk Chartier At Enova International Realizes $1.18M | Benzinga
Disclosed in a recent SEC filing on May 23, Chartier, Chief Strategy Officer at Enova International (NYSE:ENVA), made a noteworthy transaction involving the exercise of company stock options.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Chartier, Chief Strategy Officer at Enova International, a company in the Financials sector, just exercised stock options worth 30,819 shares of ENVA stock with an exercise price of $20.85.
Enova International shares are currently trading down by 0.0%, with a current price of $58.98 as of Friday morning. This brings the total value of Chartier's 30,819 shares to $1,175,128.
Get to Know Enova International Better
Enova International Inc provides online financial services, including short-term consumer loans, line of credit accounts, and installment loans to customers mainly in the United States and the United Kingdom. Consumers apply for credit online, receive a decision almost immediately, and can receive funds within one day. Enova acts as either the lender or a third-party facilitator between borrowers and other lenders. The company earns revenue from interest income, finance charges, and other fees, including fees on the transactions between borrowers and third-party lenders. The majority of revenue comes from the United States. The company realizes similar amounts of revenue from each of its three different products: short-term loans, lines of credit, and installment loans.