Bruker (NASDAQ: BRKR) EVP Mark Munch exercises options and sells 2,000 shares
Rhea-AI Filing Summary
BRUKER CORP executive Mark Munch reported an option exercise and share sale. On March 13, he exercised stock options for 2,000 shares of common stock at $22.19 per share, then sold 2,000 shares of common stock at $35.44 per share.
Following these transactions, he directly held 128,443 shares of common stock. The filing notes that the sale was carried out under a pre-arranged Rule 10b5-1 trading plan, indicating a planned, routine liquidity event rather than an opportunistic trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 2,000 shares ($27K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Munch Mark
Role
EXEC VP&PRES BRUKER NANO INC.
Sold
2,000 shs ($71K)
Approx. gross sale proceeds
$71K
Approx. exercise cost
$44K
Approx. pre-tax spread
$27K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Purchase) | 2,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,000 | $22.19 | $44K |
| Sale | Common Stock | 2,000 | $35.44 | $71K |
Holdings After Transaction:
Stock Option (Right to Purchase) — 12,000 shares (Direct);
Common Stock — 128,443 shares (Direct)
Footnotes (2)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2. The stock option granted to the Reporting Person on October 4, 2016 (the "Original Grant Date") vests on the first, second, third and fourth anniversaries of the Original Grant Date.
AI-generated analysis. How Rhea-AI works. Not financial advice.