AMC CEO Adam Aron sells $25M in company stock with more sales to come
Nov. 10, 2021 5:25 PM ET
AMC Entertainment Chief Executive Adam Aron on Tuesday disclosed a sale of 625,000 shares of company stock as part of a plan to divest some of his holdings over the next year.
At an average price of $40.529, the sale represents proceeds of about $25.33 million, and leaves Aron with direct beneficial ownership of 408,497 shares, and some 3 million shares issuable on future vesting of equity grants. AMC is down 3.5% postmarket, adding to a regular-session decline of 4.1%.
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