Richard B. Lewis, President 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 Lewis, President at Donaldson, a company in the Industrials sector, was just awarded stock options worth 22,500 shares of DCI. The options give Lewis 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 Lewis's 22,500 shares worth $1,343,475.