From Associated Press via MEMA Industry News
NEW YORK — The executive vice president of merchandising and marketing for Pep Boys — Manny, Moe & Jack exercised options for 20,000 shares of common stock, according to a Securities and Exchange Commission filing Friday.
In a Form 4 filed with the SEC, Hal Smith reported he exercised the options for $15.65 apiece Friday and sold all the shares for $20.83 apiece the same day.
Insiders file Form 4s with the SEC to report transactions in their companies’ shares. Open market purchases and sales must be reported within two business days of the transaction.
Pep Boys is based in Philadelphia.