Herbalife CEO--sold 175,580 shares May 1 at $65.40-70.75
Herbalife CEO, in an SEC filings out last night, disclosed exercising 175,580 shares on May 1 at a strike of $12.32, then sold 175,580 shares, pursuant to a Rule 10b5-1 trading plan, at $65.40-70.75 worth ~$11.9 mln .briefing.com
Nice right before it implodes on earnings.....Jail time IMHO
so what???? u sell your position when u think its time, don't u...or do you hold onto it so it mite go down? mayb he needed the money to buy a mansion, or give to his ill mother or make a donation to charity...so what!