Car-Mart’s CEO nets $516,115 from stock
Hank Henderson, the chief executive officer of Bentonville-based America’s Car-Mart, gathered $516,115 from two stock transactions earlier in July, according to documents filed with the Securities and Exchange Commission.
Henderson exercised his option to acquire 14,000 shares of Car-Mart stock at $11.90 each and sold an equal number of shares at a weighted average price of $37.56, according to a document filed July 6. Henderson then exercised his option to acquire 6,250 shares at $11.90 each and sold an equal number of shares at $37 each, according to a document filed July 11.
After the moves, Henderson still retains 87,190 shares of the company.
America’s Car-Mart runs 140 buy-here, payhere automotive dealerships in Alabama, Arkansas, Georgia, Indiana, Iowa, Kentucky, Mississippi, Missouri, Oklahoma, Tennessee and Texas.
Car-Mart shares rose $1.15, or 3 percent, to close Monday at $38.55.