International Securities Exchange (ISE Quote) said President and Chief Executive David Krell and Chief Operating Officer Gary Katz have adopted trading plans that will allow them to diversify their portfolios and help with their financial and tax planning.
Krell can exercise options on up to 400,000 shares and sell the stock during a 10-month period beginning March 23, the options exchange said. In addition, he plans to donate charitable gifts of 40,000 shares. Katz can exercise options on up to 236,000 shares and sell the stock over an eight-month period starting March 23. Katz plans to donate 7,000 shares. Shares of International Securities Exchange were down $1.29, or 2.6%, to $47.96.
American Capital Strategies (ACAS Quote) slipped after the buyout and financing firm said it plans to sell 9 million common shares. Of the total, 3 million shares will be offered through counterparty agreements, and 6 million shares will be sold directly by American Capital. ...
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