Car-Mart chief sells stock, nets $168,438
Hank Henderson, CEO of used-car dealer America’s Car-Mart sold stock valued at nearly $169,000, according to a filing with the Securities and Exchange Commission.
The top executive of the Bentonville-based company exercised his option to buy 6,250 shares at $11.90 each and then sold them at $38.85 each on Tuesday, walking away with $168,438, according to the documents. After the transaction, Henderson still owned 87,190 shares in the company.
America’s Car-Mart runs 140 dealerships in Alabama, Arkansas, Georgia, Indiana, Iowa, Kentucky, Mississippi, Missouri, Oklahoma, Tennessee and Texas.