Mark Weber, SVP & COO at Federal Signal (NYSE:FSS), reported a large exercise of company stock options on November 13, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Weber, SVP & COO at Federal Signal, a company in the Industrials sector, just exercised stock options worth 56,944 shares of FSS stock with an exercise price of $26.21.
Federal Signal shares are trading down 0.0% at $65.43 at the time of this writing on Tuesday morning. Since the current price is $65.43, this makes Weber's 56,944 shares worth $3,725,845.
Now trade stocks online commission free with Charles Schwab, ...