Ladenburg Thalmann Financial Services Inc director just picked up 30,000 shares

Glenn C Davis, a director of Ladenburg Thalmann Financial Services Inc, recently acquired 30,000 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on June 13, 2019. Davis now owns 69,000 shares of the company. Davis operates out of Ft. Lauderdale, FL. Some additional info was provided as follows:

Restricted shares of common stock issued pursuant to the issuer's Amended and Restated 2009 Incentive Compensation Plan. Restricted shares vest in two equal annual installments commencing on the first anniversary of the date of grant provided Mr. Davis is then still a director of the issuer, subject to earlier vesting upon his death or disability or a change of control of the issuer. The rep orting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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