The CEO exercised vested stock options at $11.54 per share, reducing direct holdings but maintaining equity exposure.
Savers Value Village Inc. (SVV) CEO Mark T. Walsh sold 207,941 shares for $2.4 million on August 5-6, per an SEC filing. The shares were exercised from vested stock options at a weighted-average price of $11.54, below the August 7 closing price of $12.22.
The company reported a 6.6% rise in U.S. sales, contributing to an 8% one-year total gain. SVV’s stock closed at $10.91 on August 6, with a market capitalization of $1.7 billion. Walsh retains 47,363 direct shares and additional stock options.
The transaction reflects a routine exercise of vested options, with no immediate market reaction noted in the filing.