Car-Mart’s CEO nets $516,115 from stock

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM - — John Magsam

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.

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