Bradley Nagel, Chief Financial Officer at Electromed (AMEX:ELMD), reported a large acquisition of company stock options on November 14, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Nagel, Chief Financial Officer at Electromed, a company in the Health Care sector, was just awarded stock options worth 6,500 shares of ELMD. The options give Nagel the right to buy the company's stock at $10.25 per share.
Electromed shares are trading down 0.0% at $10.52 at the time of this writing on Wednesday morning. Since the current price is $10.52, this makes Nagel's 6,500 shares worth $68,380.