Norfolk Southern Corp. CEO Charles W. Moorman sold 122,983 shares of the stock on the open market in a transaction dated Tuesday, September 2. The stock was sold at an average price of $107.00, for a total transaction of $13,159,181.00. Following the completion of the sale, the chief executive officer now directly owns 316,911 shares in the company, valued at approximately $33,909,477.
Calvin said
11:21 AM, 09/04/14
Sounds like he has some "problems" that need attention.
Norfolk Southern CEO sells $13.1 million in stock
Norfolk Southern Corp. CEO Charles W. Moorman sold 122,983 shares of the stock on the open market in a transaction dated Tuesday, September 2. The stock was sold at an average price of $107.00, for a total transaction of $13,159,181.00. Following the completion of the sale, the chief executive officer now directly owns 316,911 shares in the company, valued at approximately $33,909,477.
Sounds like he has some "problems" that need attention.