Shares of GameStop Corp. eased 0.3% in morning trading Tuesday, after executives filed to sell some of the consumer electronics and videogame retailer’s...
Shares of GameStop Corp. GME eased 0.3% in morning trading Tuesday, after executives filed to sell some of the consumer electronics and videogame retailer’s stock. Chief Operating Officer Nir Patel disclosed late Monday the sale in the open market on Monday and Friday of a total of 122,073 shares, valued at $2.76 million. The disclosure said the sales were to cover withholding taxes related to the vesting of restricted stock units, and did not represent a “discretionary trade” by Patel.
3% in morning trading Tuesday, after executives filed to sell some of the consumer electronics and videogame retailer’s stock. Chief Operating Officer Nir Patel disclosed late Monday the sale in the open market on Monday and Friday of a total of 122,073 shares, valued at $2.76 million. The disclosure said the sales were to cover withholding taxes related to the vesting of restricted stock units, and did not represent a “discretionary trade” by Patel.
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