A substantial insider activity was disclosed on December 9, as Woodlief, Director at Hillman Solns (NASDAQ:HLMN), reported the exercise of a large sell of company stock options.
What Happened: Disclosed in a Form 4 filing on Monday with the U.S. Securities and Exchange Commission, Woodlief, Director at Hillman Solns, executed a strategic derivative sale. This involved exercising stock options for 19,779 shares of HLMN, resulting in a transaction value of $89,796.
Hillman Solns shares are trading down 4.93% at $10.61 at the time of this writing on Monday morning. Since the current price is $10.61, this makes Woodlief's 19,779 shares worth $89,796.
Unveiling the Story Behind Hillman Solns
Hillman Solutions Corp is a provider of hardware-related products and related merchandising services to retail markets in North America. The company sells its products to hardware stores, home centers, mass merchants, pet supply stores, and other retail outlets. Its product lines include thousands of small parts such as fasteners and related hardware items; threaded rod and metal shapes; keys and accessories; builder's hardware; personal protective equipment, such as gloves and eye-wear; and identification items, such as tags and letters, numbers, and signs. The segments of the group are Hardware and Protective Solutions, which is the key revenue-generating segment; Robotics and Digital Solutions; and Canada. It has a business presence in the US, Canada and Mexico.