Patriot Coal President, CEO Richard M. Whiting buys 10,000 shares
The president and chief executive of coal producer Patriot Coal Corp. bought 10,000 shares of common stock, according to a Securities and Exchange Commission filing Thursday.
In a Form 4 filed with the SEC, Richard M. Whiting reported he bought the shares Thursday for 65.88 to $66.53 apiece. He reported purchasing the shares indirectly through a family trust.
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.
Patriot Coal is based in St. Louis.
