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

Howard M Lorber, 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. Lorber now owns 3,607,479 shares of the company. Lorber operates out of Miami, 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. Lorber 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. Lorber A lpha II LLC, a Delaware limited liability company, is the general partner of Lorber Alpha II Limited Partnership, a Nevada limited partnership. The reporting person serves as the Managing Member of Lorber Alpha II LLC and has voting and dispositive power with respect to such shares.

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

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