Candace Krol, Senior Vice President of Human Resources at Public Storage (NYSE:PSA), completed a stock disposition of 14,282 shares. The Common Stock was sold directly, at a weighted average price of $172.71 per share, and in addition to this, the insider exercised her use of stock options. This is Krol’s fourth disposition of the fiscal year so far, as she unloaded 7,398 shares of Common Stock in May, for a price of $173.00 per share.
Furthermore, this quarter showed several company insiders selling stock. John Reyes, Senior Vice President and Chief Financial Officer of the $29.6 billion market cap real estate investment trust, disposed of 25,000 shares in June, receiving $169.49 for each share. The insider had already unloaded 50,000 shares of Common Stock in March, for a price of $166.78 per share and he currently holds 117,770 company shares to his name.
On another note, Q1 showed some positive developments amongst hedge fund shareholders. Ken Heebner’s Capital Growth Management, for one, entered a new shareholding position in March, with 340,000 company shares, worth approximately $57.2 million.
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