- A sale of 200K shares would account for about 8% of Fred Tomczyk's holdings in TD Ameritrade (NASDAQ:AMTD-OLD +0.1%). Following the sale, Tomczyk will continue to easily be in compliance with company policy requiring an equity stake worth 10x his salary.
- The stock will be sold between now and September 15, with the stated reasons being those of diversification and liquidity.
- Source: Press Release
TD Ameritrade CEO to sell up to 200K shares
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TD Ameritrade Holding Corporation |