Merck Exec Sells Millions in Company Stock
Merck & Co., Inc. (NYSE:MRK) EVP Richard Deluca has sold 12,837 shares of the company's stock at an average price of $131.76 per share. This transaction occurred on Tuesday, August 11th and had a total value of approximately $1.69 million.
The sale represents a decrease in Mr. Deluca's ownership of Merck & Co., Inc. by 9.53%. Following the transaction, he directly owns 121,866 shares in the company, valued at around $16.06 million.