Harold A Dow, President at American Software (NASDAQ:AMSWA), reported a large acquisition of company stock options on September 28, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Dow, President at American Software, a company in the Information Technology sector, was just awarded stock options worth 300,000 shares of AMSWA. The options give Dow the right to buy the company's stock at $11.4 per share.
American Software shares are trading down 0.0% at $11.48 at the time of this writing on Friday morning. Since the current price is $11.48, this makes Dow's 300,000 shares worth $3,444,000.