(The Associated Press circulated the following on February 6.)
NEW YORK — The executive vice president and chief financial officer of Burlington Northern Santa Fe Corp., the nation’s second-largest railroad, exercised options for 41,703 shares of common stock, according to a filing with the Securities and Exchange Commission.
In a Form 4 filed with the SEC Monday, Thomas N. Hund reported exercising the options on Thursday for $29.44 apiece, then sold 42,253 shares on the same day for $84.33 to $87.15 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.
Burlington Northern is based in Fort Worth, Texas.