NEW YORK (AP) - A director of Barr Pharmaceuticals Inc. exercised options for 5,000 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Thursday, George Stephan reported he exercised the options Wednesday for $10.67 apiece and then sold all the shares the same day for $51.50 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Barr Pharmaceuticals is based in Woodcliff Lake, N.J.
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