Pinnacle CEO Stock Options....disgusting!

[dueguard1]

AP
Pinnacle Airlines CEO Exercises Options
Tuesday June 12, 4:11 pm ET Pinnacle Airlines CEO Philip H. Trenary Exercises Options for 32,266 Shares of Stock
NEW YORK (AP) -- The president and chief executive of regional carrier Pinnacle Airlines Corp. exercised options for 32,266 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Monday, Philip H. Trenary reported he exercised options for 32,266 shares Friday for $6.47 apiece and then sold them the same day for $18.94 apiece.
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.
Pinnacle Airlines is based in Memphis, Tenn.



So this guy rakes in over 600k in one day in stock options.....absouloutely disgusting!!!

 

[dueguard1]

I wish the guys and gals over at Pinnacle the best of luck with that whole contract situation.....Give em' hell!!

 

[pimpinthesky]

HOLLY SHIZNIT!
My f.o and me were lookin at that today. He bought abunch of stock at 16 and was trying to Sell this afternoon. ANyway glad I put my RESIGNATION in today.....solonnnng PINNNACLE.

 

[Avi8tor2000]

Only $402,000 in profit. Come on, $600k would just be silly.