Jordan Kovler, Chief Executive Officer at Greenidge Generation Hldg (NASDAQ:GREE), reported a large acquisition of company stock options on November 20, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Kovler, Chief Executive Officer at Greenidge Generation Hldg, a company in the Information Technology sector, was just awarded stock options worth 100,000 shares of GREE. The options give Kovler the right to buy the company's stock at $4.94 per share.
Greenidge Generation Hldg shares are trading down 2.02% at $4.84 at the time of this writing on Tuesday morning. Since the current price is $4.84, this makes Kovler's 100,000 shares worth $484,000.