Key Energy Services Senior VP Phil Coyne exercises options for 22,500 shares of common stock
The senior vice president of the Eastern region of Key Energy Services Inc., which provides oil drilling services, exercised options for 22,500 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed Thursday with the SEC, Phil Coyne reported he exercised the options Wednesday for $10.53 and $15.05 apiece and then sold all 22,500 shares on the same day for $17.21 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies’ shares. Open market purchases and sales must be reported within two business days of the transaction.
Key Energy is based in Houston.
