FSS - Smart Money At Play: Jennifer L Sherman Acquires Federal Signal Stock Options Worth $67K | Benzinga
Jennifer L Sherman, President & CEO at Federal Signal (NYSE:FSS), reported acquisition of company stock options on May 6, according to a new SEC filing.
What Happened: Sherman, President & CEO at Federal Signal, acquired stock options for 35,896 shares of FSS. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The options allow Sherman 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 Sherman's 35,896 shares have a value of $67,843.
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 from the Environmental Solutions Group segment.
Federal Signal: A Financial Overview
Revenue Growth: Federal ...