Another Green Mountain (GMCR) Exec Gets Hit With Margin Calls
Tweet
Share
E-mailGet Alerts GMCR Hot Sheet
Join SI Premium – FREE
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.
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Nokia to join Euro Stoxx 50 Index
- Google launches Gemini 3.8 Flash and a cybersecurity model variant
- Yen Jumps More Than 1% To Trade At 158.22 Per Us Dollar
Create E-mail Alert Related Categories
Insider Trades, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
