Directors at Systemax Inc. (NYSE:SYX) Stacy Dick, Robert Rosenthal and Marie Adler-Kravecas were granted with 2,538 shares each, pursuant to the Company’s 2006 Stock Incentive Plan For Non-Employee Directors. “Pursuant to the plan, such number of restricted stock units was determined by dividing $40,000 by the closing price per share during the 20 trading days preceding the date of such meeting (rounded up to the nearest whole number of shares),” (SEC). Following the reported transaction, Mrs. Dick directly owns 34,096 shares at the company, Mr. Rosenthal owns another 61,220 shares, and Mrs. Adler-Kravecas holds 18,992 shares at this $595.73 million Market Cap Company.
No important insider acquisitions have been witnessed by the company since 2009, when Executive Vp & Cfo Lawrence Reinhold procured 2,000 shares, at a price of $ 11.93 per share.
In addition, Chuck Royce’s Royce & Associates kept its level of activity at Systemax Inc. (NYSE:SYX), and holds 535,561 shares, valued at almost $8 million, accounting for 0.02% of its Equity Portfolio.
Disclosure: None.
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