EVP and chief human resources officer, Jodeen A. Kozlak, dumped 49,889 shares (63.35% of her stake) for $4,140,787, through one transaction dated July 1. After this sale, Ms. Kozlak’s stake comprises of 28,859 shares, valued at $2,393,277, as of Monday.
Source: http://www.bidnessetc.com/47140-insider-selling-gilead-sciences-inc-gild-target-corporation-tgt-and-aramark/
Didn't I see her at Trader Joes picking up cheap wine?
Anonymous113710: You nailed it! There are plenty of us that have options from Target, though not in the EVP league and that's exactly how the process works. No conspiracy!
Not to mention, these sales are probably "scheduled" sales by a financial advisor who manages her retirement accounts and shareholdings for tax purposes. I bet her options recently vested, schmuetz !!!!!!
Ok, she may be on the "chopping block." But.... You really don't understand options very well. Quick lesson: She (we call her Jodee) exercised 49,889 shares in a sale at $83 per share but, she had an option grant price of $58.13 a share so her pre tax gain was FAR less than $4+ million at a gross to her at $1,241 Million or a net gain of about $700K after fed and state tax. Still a huge chunk of $$$, but far less than your simplistic report.
no ... she needed to stock up on wine to go through BTS comments over the 4th of July weekend ...