Brian S Olschan, President and COO at Acme United (AMEX:ACU), reported a large exercise of company stock options on November 27, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Olschan, President and COO at Acme United, a company in the Industrials sector, just exercised stock options worth 125 shares of ACU stock with an exercise price of $16.92.
Acme United shares are trading up 2.63% at $37.41 at the time of this writing on Tuesday morning. Since the current price is $37.41, this makes Olschan's 125 shares worth $4,676.