The following insiders exercised Options and sold shares into the public market on August 2nd at $30.65 on a direct ownership basis:
Randolph W. Pinna, CEO, Director and 10% Holder, disposed of 56,881 Common Shares. This represents a $1,743,403 divestment of the company's shares and an account share holdings change of -4.0%.
Linda Anne Stromme, a Director, disposed of 10,225 Common Shares. This represents a $313,396 divestment of the company's shares and an account share holdings change of -58.7%.
Vincent James Sardo, a Director, disposed of 9,964 Common Shares. This represents a $305,397 divestment of the company's shares and an account share holdings change of -28.5%.
Joseph Andrade August, a Director, disposed of 5,940 Common Shares. This represents a $182,061 divestment of the company's shares and an account share holdings change of -26.7%.
Currency Exchange Intl is in the Investment Banking & Brokerage Services Sub Industry Group under the Financials Sector.
Currency Exchange International, Corp. (CXI) provides currency exchange and related products. The Company's geographical segments include the United States and Canada. The Company operates a money service business. Its services include foreign currency exchange, traveler's checks, check cashing services, multi-currency prepaid cards, foreign check clearing, issuing foreign bank drafts and international wire transfers. The Company's primary business channels to service customers are through Company-owned branch locations and foreign exchange partnerships with financial institutions and corporations. The Company offers products to banks, money service businesses, travel companies and clients throughout the United States and Canada, by utilizing its online software system, CEIFX. CEIFX is a Web-based software, which delivers its foreign currency services in a package. CEIFX is also an online compliance and risk management tool.
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