News Breaks
|
| 14:24 EDT |  | MLHR |
| theflyonthewall.com: | Herman Miller ex-CEO sold 100,000 shares, Barron's reports | | At least one insider at furniture maker Herman Miller (MLHR) may be acknowledging those economic headwinds by selling $1.7M in shares. Michael A. Volkema, a director and ex-EO at Herman Miller, sold 100,000 shares for an average price of $17.20 each on Sept. 28. After the sale, Volkema held 119,000 shares, down from 219,000 shares. His stake in Herman Miller remains far less than 1%. A spokesman for Herman Miller says the sales were related to Volkema's ongoing estate-planning and diversification, which has been underway since he stepped down as CEO. He notes that Volkema still has substantial ownership in the company. Reference Link :theflyonthewall.com |
|
|
