SADOVE’S STOCK SALE: According to a Securities and Exchange Commission filing Thursday, Saks Inc. chairman and chief executive officer Stephen I. Sadove sold 100,000 shares of Saks common stock on Wednesday, with a weighted average price of $11.64. That would amount to almost $1.2 million. The shares were sold in multiple transactions at prices ranging from $11.49 to $11.81. According to the filing, Sadove still beneficially owns 816,733 shares of Saks common stock.
Saks CEO Stephen Sadove Sells Shares
Retailer's chairman and ceo sold 100,000 shares of common stock on Wednesday, according to a SEC filing Thursday.