As Lieutenant Governor Kerry Healey engages in a multimillion-dollar ad blitz on behalf of her gubernatorial campaign, her husband has exercised a fresh round of stock options, netting the couple $5.8 million over two days.
That comes on top of at least $14.3 million in similar stock sales during the past year.
Sean Healey, president of the Beverly based investment firm
Both of the transactions were reported to the US Securities and Exchange Commission by AMG because they involve what is termed insider activity. Such transactions must be publicly disclosed because they involve executives with inner knowledge of company business that could affect its stock price.
Since Aug. 16, 2005, the Healeys have made at least three stock sales that netted the couple, respectively, $9.1 million, $2.5 million, and $2.7 million, according to SEC documents. The August 2005 and 2006 sales occurred on virtually the same dates, indicating a regular divestment schedule.
Sean Healey did not immediately respond to an after-hours message left with an assistant at AMG.
Healey does not face a primary challenger, but her campaign staff has said she plans to advertise nonstop up to Election Day on Nov. 7.