Paun Shoun, Chief Operating Officer at Expion360 (NASDAQ:XPON), reported a large acquisition of company stock options on August 28, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Shoun, Chief Operating Officer at Expion360, a company in the Industrials sector, was just awarded stock options worth 50,000 shares of XPON. The options give Shoun the right to buy the company's stock at $4.92 per share.
Expion360 shares are trading down 3.53% at $4.92 at the time of this writing on Monday morning. Since the current price is $4.92, this makes Shoun's 50,000 shares ...