Another Green Mountain (GMCR) Exec Gets Hit With Margin Calls
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It looks like Green Mountain Coffee (Nasdaq: GMCR) CEO Robert Stiller is not the only executive getting margin calls.
After the close it was disclsoed that Director William Davis also sold shares due to margin calls.
Williams sold 548,000 shares from 05/04-05/07 at prices from $25-$25.33.
From the filing:
The sales of Common Stock were effected by a financial institution pursuant to a margin call because the reporting person's account did not satisfy the minimum margin requirements under various margin loans. The total number of shares reported as sold on this Form 4 is 548,000.
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After the close it was disclsoed that Director William Davis also sold shares due to margin calls.
Williams sold 548,000 shares from 05/04-05/07 at prices from $25-$25.33.
From the filing:
The sales of Common Stock were effected by a financial institution pursuant to a margin call because the reporting person's account did not satisfy the minimum margin requirements under various margin loans. The total number of shares reported as sold on this Form 4 is 548,000.
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