Tod E Carpenter, Chairman at Donaldson (NYSE:DCI), reported a large acquisition of company stock options on September 25, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Carpenter, Chairman at Donaldson, a company in the Industrials sector, was just awarded stock options worth 134,800 shares of DCI. The options give Carpenter the right to buy the company's stock at $59.66 per share.
Donaldson shares are trading down 0.78% at $59.71 at the time of this writing on Tuesday morning. Since the current price is $59.71, this makes Carpenter's 134,800 shares worth $8,048,908.