Mettler-Toledo Executive Gerry Keller Sells 240 Shares for $342,514 After Option Exercise
Updated
Updated · Yahoo Finance · Aug 10
Mettler-Toledo Executive Gerry Keller Sells 240 Shares for $342,514 After Option Exercise
1 articles · Updated · Yahoo Finance · Aug 10
Summary
$342,514 worth of Mettler-Toledo stock was sold by Process Analytics head Gerry Keller on Aug. 3, according to an SEC Form 4 detailing a 240-share disposal.
The sale followed a same-day exercise of 240 derivative instruments at a $720.81 strike price, with the shares then sold on the open market at a weighted average $1,427.14.
Keller still directly held 259 shares valued at about $374,255 after the transaction, plus 235 derivative securities, leaving him with roughly 0.0013% insider ownership.
Mettler-Toledo shares had returned about 20% over the prior year by the transaction date; the stock closed at $1,437 on Aug. 4, while the company carried a $29.0 billion market value.