Merck EVP Sells $1.35M Worth of Company Stock
Insider selling at Merck & Co., Inc. (NYSE:MRK) has been making headlines recently, and on August 13th, EVP Chirfi Guindo sold 10,000 shares of the firm's stock.
The sale was made at an average price of $135.00 per share, with a total value of $1,350,000. Following the completion of the sale, EVP Chirfi Guindo directly owned 36,613 shares of the company's stock, valued at $4,942,755.
This trade represents a decrease in ownership by 21.45% for EVP Chirfi Guindo. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be found on their website.