Rakhi Kumar, Chief Accounting Officer at Roivant Sciences (NASDAQ:ROIV), reported a large exercise of company stock options on September 8, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Kumar, Chief Accounting Officer at Roivant Sciences, a company in the Health Care sector, just exercised stock options worth 1,724 shares of ROIV stock with an exercise price of $6.48.
Roivant Sciences shares are trading up 5.13% at $12.3 at the time of this writing on Friday morning. Since the current price is $12.3, this makes Kumar's 1,724 shares worth $21,205.