TRNS - Transcat Director Awarded $928K Worth of Stock Options | Benzinga
Christopher P Gillette, Director at Transcat (NASDAQ:TRNS), reported a large acquisition of company stock options on October 24, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Gillette, Director at Transcat, a company in the Industrials sector, was just awarded stock options worth 10,000 shares of TRNS. The options give Gillette the right to buy the company's stock at $109.55 per share.
Transcat shares are trading down 0.0% at $92.89 at the time of this writing on Wednesday morning. Since the current price is $92.89, this makes Gillette's 10,000 shares worth $928,900.