CHS' Smith books $600K on option deal

Community Health Systems Chairman and CEO Wayne Smith on Monday exercised 100,000 stock options that would have expired in February. He then sold most of the resulting shares, booking a profit of about $609,000 in the process. Smith directly and indirectly still holds more than $76 million of CHS shares, which have climbed more than 30 percent (Ticker: CYH) so far this year.