Sally Rau, General Counsel at Cambium Networks (NASDAQ:CMBM), reported a large acquisition of company stock options on October 19, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Rau, General Counsel at Cambium Networks, a company in the Information Technology sector, was just awarded stock options worth 25,000 shares of CMBM. The options give Rau the right to buy the company's stock at $5.01 per share.
Cambium Networks shares are trading down 0.0% at $4.84 at the time of this writing on Friday morning. Since the current price is $4.84, this makes Rau's 25,000 shares worth $121,000.