Symantec Chief Makes $14 Million

 
 
By eweek  |  Posted 2004-06-01 Print this article Print
 
 
 
 
 
 
 

John Thompson makes his largest single stock sale since joining the company in 1999.

Symantec Chairman and Chief Executive John Thompson gained more than $14 million from exercising options and selling shares this month. The executive sold the shares as part of automatic sales plans, according to Securities and Exchange Commission filings. It was his largest single stock sale since joining the company in 1999.

George Muzea, whose Reno firm Muzea Advisers analyzes insider trading for institutions and investors, pointed out that Thompsons May sale was larger than previous ones. "Whats really interesting is that this trade is out of line with his previous trades, said Muzea.

Read the full story at Mercury News

 
 
 
 
 
 
 
 
 
 
 

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