Adele Ambrose, Senior Vice President and Chief Comuns Officer at Merck & Co., Inc. (NYSE:MRK), unloaded 28,669 shares of Common Stock, directly, yesterday. The stock was sold at a weighted average price of $56.63 per share and the insider also exercised her use of stock options in order to complete the transaction. Following Ambrose’s first stock disposition of the fiscal year so far, she now holds a total of 14,175 company shares to her name.
However, while this was the Senior VP’s first stock trade, several other insiders have been active at the $166 billion market cap global health care firm this quarter. Mirian Weir Graddick, Executive Vice President of Human Resources at Merck, sold 360,094 shares of Common Stock during the first week of July, for a price of $59.16 per share. Furthermore, during that same week, the company’s Chairman, President and Chief Executive Officer, Kenneth Frazier, unloaded 9,987 shares of Common Stock receiving $58.03 for each share.
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