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TD Ameritrade CEO to Offload Over $3.2M in Company Stock

Posted: Tue May 24, 2016 9:06 pm
by kreslik.news

TD Ameritrade Holding Corporation (Nasdaq: AMTD) has seen some major volumes in its share trading today after its Chief Executive Officer (CEO), Fred Tomczyk, announced his decision to sell upwards of 100,000 shares of the company’s common stock, which amounts to $3.24 million, according to an AMTD statement.

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Mr. Tomczyk opted to sell the shares to help satisfy liquidity needs within his personal portfolio – his decision to offload 100,000 shares corresponds to less than 5.0% of his 2.1 million ... (read more)