CFOs have been selling more of their company stock this year,according to a report in the Wall Street Journal. It calculatesthat finance chiefs' sales through Aug. 21 totaled $895 million, upalmost 19% from the same period last year.
The CFOs are selling low-priced options that they were grantedduring the recession amid a rally in the stock market. StevenSordello, CFO at LinkedIn, has sold $35.6 million in stock thisyear, while Omnicom Group CFO Randal Weisenburger has realized$33.8 million from a combination of selling and surrendering stockback to the company.
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