HF Sinclair CEO Franklin Myers Buys $1.1 Million of Stock
Myers bought 10,000 shares at $110.80 and holds 207,723 shares directly after the purchase.
Key points
- Myers bought 10,000 shares at $110.80, totaling $1.11 million, on Oct. 29
- Myers holds 207,723 shares directly after the purchase
- Stock closed at $111.89 on Oct. 29 and rose 2.8% to $115.00 on Oct. 30
- Q3 revenue $10.86 billion, up 50% year over year
HF Sinclair Corp (NYSE: DINO) Chief Executive Franklin Myers bought about $1.1 million of the company's stock, a Form 4 filing showed Thursday.
The Form 4 filing with the Securities and Exchange Commission shows Myers bought 10,000 shares on Oct. 29 at $110.80 per share, for a total of $1.11 million. The purchase was made directly and was not made under a pre-arranged trading plan. After the trade, Myers held 207,723 shares.
Other insider activity
In the period since July 31, Myers bought 15,000 shares worth $1,279,500 in total, not under a trading plan. The same window also shows Dale Kunneman, SVP and CHRO, sold 8,936 shares valued at $755,851.56.
Stock and company figures
HF Sinclair closed at $111.89 on Oct. 29, down 0.7% over the prior 20 sessions. The stock rose 2.8% on Friday, Oct. 30, to close at $115.00, while the S&P 500 ETF fell 1.8% that session.
For the quarter ended Sept. 30, the company reported revenue of $10.86 billion, up 50% from a year earlier, and net income of $2.02 billion. Cash and equivalents stood at $3.33 billion as of that date. On Oct. 28, the company filed a 10-Q and an 8-K that included results of operations and an item on the departure or appointment of directors or officers.
Sources
Written with AI from insiders' Form 4 filings with the SEC and our market data, and checked against those sources before publishing. Our editorial standards.
More on HF Sinclair
DINO page →Filings, figures and price history are on the HF Sinclair page.