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Annaly Capital (NLY) CEO Wellington Denahan exercised on May 9 options to purchase 100K shares...

Annaly Capital (NLY) CEO Wellington Denahan exercised on May 9 options to purchase 100K shares of company stock at $13.25 each (today's close $14.73), upping her stake in the company 11% to more than 1M shares.
Comments (4)
  • leehoffman
    , contributor
    Comments (225) | Send Message
     
    Let us all hope she didn't get the funds to make the purchase by borrowing it from the Company. Like Dennis Kozloski did when he ran Tyco.
    13 May 2013, 04:46 PM Reply Like
  • stevewojo
    , contributor
    Comments (169) | Send Message
     
    She sort of did since they were options that were exercised.
    13 May 2013, 05:38 PM Reply Like
  • ChuckJ
    , contributor
    Comments (72) | Send Message
     
    Well, that was part of her compensation, wasn't it?

     

    I wonder if anyone knows what the real value of the assets they hold are?

     

    ChuckJ
    13 May 2013, 05:54 PM Reply Like
  • Boog
    , contributor
    Comments (103) | Send Message
     
    ...purchase sounds like damage control to me...
    14 May 2013, 01:58 AM Reply Like
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