Brian S Genson, a director of Ladenburg Thalmann Financial Services Inc, recently acquired 15,602 shares of the company. The buys took place at prices ranging from $0.73 to $3.32 per share, on May 16, 2019. Genson now owns 177,602 shares of the company. Genson operates out of Aventura, FL. Some additional info was provided as follows:
Represents shares withheld to cover the exercise price of the options exercised.
The reporting person is the managing member of Genson Capital LLC.
The 8.00% Series A Cumulative Redeemable Preferred Stock is convertible into common stock at a non-fixed conversion rate in connection with a change of control as described in the issuer's Current Report on Form 8-K, filed with the Securities and Exchange Commission on May 24, 2013.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Ladenburg Thalmann Financial Services Inc makes a similar move, sign up!