Four Savers Value Village insiders sold shares this week, all exercising options under Rule 10b5-1 trading plans established months ago. General Counsel Richard A. Medway sold 55,000 shares at a weighted average price of $11.80, generating $649,000, after exercising options with a $1.41 strike price. The sales occurred as the company reported second-quarter revenue of $448 million, up 7.4%, with U.S. comparable sales climbing 6.6%, though net margin remained thin at about 1.3%. The transactions were not discretionary market moves but part of pre-scheduled diversification, and Medway retains a direct position of 14,440 shares plus additional derivative securities.
Savers Value Village, Inc.Insiders sold shares under pre-set plans, indicating potential lack of confidence despite revenue growth.
