VITL - President and CEO At Vital Farms Exercises Options Worth $170K | Benzinga
Highlighted on December 28, it was unveiled in an SEC filing that DiezCanseco, President and CEO at Vital Farms (NASDAQ:VITL), executed a significant transaction involving the exercise of company stock options.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday revealed that DiezCanseco, President and CEO at Vital Farms in the Consumer Staples sector, exercised stock options for 12,000 shares of VITL stock. The exercise price of the options was $1.43 per share.
The Friday morning market activity shows Vital Farms shares down by 0.13%, trading at $15.65. This implies a total value of $170,629 for DiezCanseco's 12,000 shares.
Unveiling the Story Behind Vital Farms
Vital Farms Inc is an ethical food company. The company retails pasture-raised eggs and butter. Its products include Pasture-Raised Eggs and Pasture-Raised Butter & Ghee. The company's purpose is rooted in a commitment to Conscious Capitalism, which prioritizes the long-term benefits of each of its stakeholders (farmers and suppliers, customers and consumers, communities and the environment, employees, and stockholders).
Vital Farms: A Financial Overview
Revenue Growth: Vital Farms's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 19.98%. This signifies a ...