Comtech Telecommunications EVP exercises options
NEW YORK—The executive vice president and chief operating officer of communications equipment maker Comtech Telecommunications Corp. exercised options 100,500 shares of common stock, according to a Securities and Exchange Commission filing Thursday.
In a Form 4 filed with the SEC, Robert G. Rouse reported he exercised options for the shares Tuesday for $3.58 to $35.90 apiece and then sold 111,750 shares on the same day for $48.75 to $49.25 each.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Comtech Telecommunications is based in Melville, N.Y.
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