(The Associated Press circulated the following on May 2.)
NEW YORK — The senior vice president and treasurer of railroad operator Kansas City Southern exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Thursday, Paul J. Weyandt reported he exercised the options Wednesday for $12.97 apiece and then sold all the shares on the same day for $44.04 to $44.13 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.
Kansas City Southern is based in Kansas City, Mo.