Tractor Supply execs' plans sell into record highs
Tractor Supply CEO Jim Wright and CFO Tony Crudele last week cashed in a bunch of their stock options, taking advantage of the all-time highs being set regularly by their company's shares — which have gone nearly vertical of late. Wright exercised 50,000 options granted him almost five years ago, Crudele 13,000 options he received in the fall of 2007 and 2008. Both men then sold their shares for almost $46 each.
Combined, the two sets of transactions — both handled through preset trading plans designed to diversify their holdings — produced a profit of just over $2 million, with $1.8 million of that going to Wright, whose 10b5-1 plan has been selling or disbursing tens of thousands of his Tractor Supply shares since Labor Day.




