DKS - Vladimir Rak At Dick's Sporting Goods Capitalizes: Options Exercised Resulting In $1.99M | Benzinga
In a new SEC filing on June 3, it was revealed that Rak, EVP at Dick's Sporting Goods (NYSE:DKS), executed a significant exercise of company stock options.
What Happened: A notable Form 4 filing on Monday with the U.S. Securities and Exchange Commission revealed that Rak, EVP at Dick's Sporting Goods, exercised stock options for 10,011 shares of DKS, resulting in a transaction value of $1,994,992.
Dick's Sporting Goods shares are trading down 0.61% at $220.99 at the time of this writing on Tuesday morning. Since the current price is $220.99, this makes Rak's 10,011 shares worth $1,994,992.
Unveiling the Story Behind Dick's Sporting Goods
Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 725 stores under its namesake brand (including outlet stores), and about 130 specialty stores under the Golf Galaxy and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chairman and controlling shareholder Edward Stack.
Key Indicators: Dick's Sporting Goods's Financial Health
Revenue Growth: Over the 3 months period, Dick's Sporting Goods showcased positive performance, achieving a revenue growth ...