Tesla Directors Sell Shares Worth Over $16 Million
Tesla director Robin M. Danholm sold 89,306 shares of Tesla common stock worth more than $16 million on March 12.。
Tesla's (NASDAQ: TSLA) director Robin M. Denholm recently traded large blocks of shares, according to the latest Securities and Exchange Commission (SEC) filing.。Danholm sold 89,306 shares of Tesla common stock worth more than $16 million on March 12.。
Danholm is understood to have traded multiple times for the sale of shares, which ranged from 173 per share..$055 to $177.Between $771。
Of these, 18,068 shares were sold at an average price of 173 per share..Sold for $055, 16,206 shares at 173 per share.$956 for sale, 24,653 shares at 175 per share.$164 sale, 2,859 shares at 175 per share.$841 Sold, 1,619 shares at 176 per share.$808 for sale, and 30,300 shares at 177 per share.$771 average price sold。
In addition to selling shares, Danholm is trading at 23 per share..$17 fixed-price exercise option and acquired 93,705 shares for a total of nearly $2.17 million。These transactions were made automatically under the 10b5-1 rule previously implemented on October 23, 2023 to ensure orderly liquidation of options with an expiration date of 2024.。
After the transaction, Danholm currently holds 15,000 shares of Tesla's common stock, and the most recent transaction includes a combination of exercise options and sales, which are common in executive compensation and portfolio management.。These transactions were disclosed in the Company's Form No. 4 filing with the SEC, which documents the transparency of the trading activities of the Company's officers, directors and beneficial owners.。
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