Herbalife CEO Sells 89,839 Shares

Houston Chronicle

The chairman and chief executive of Herbalife Ltd., which makes nutrition and weight-management products, exercised options for and sold 89,839 shares of stock, according to a Securities and Exchange Commission filing Tuesday.

In a Form 4 filed with the SEC, Michael Johnson reported he exercised options at $3.52 apiece and sold the shares for $43 apiece to $43.02 apiece on Monday and Tuesday.

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