WELSH KELLY R (EVP, Interim CLO and GC) exercised options at DISCOVER FINANCIAL SERVICES
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 4/3/2025ACC: 0000950170-25-050507
Officer· EVP, Interim CLO and GC
Since Dec 2024
-12.18K
Net shares
Net seller
$2.08M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
12.18K acquired · 24.37K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+12.18K
Price / share
—
Trade value
—
% of position
New position
4/1/2025
0.00→12.18K
Common Stock
Direct
Shares
−12.18K
Price / share
$170.51
Trade value
$2.08M
% of position
New position
4/1/2025
12.18K→0.00
Total
Net shares
+0.00
Net value
-$2.08M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 4/1/2025 | M · Option Exercise | +12.18K | — | — | New position | 0.00 | 12.18K |
| Common Stock Direct | 4/1/2025 | D · Disposition | −12.18K | $170.51 | $2.08M | New position | 12.18K | 0.00 |
| Total | +0.00 | -$2.08M | ||||||
Derivative Transactions1
Phantom Stock
Direct
Converts to
Common Stock
12.18K shares
Shares
−12.18K
Strike price
Held after
0.00
Exercisable
—
4/1/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Phantom Stock Direct | Common Stock12.18K shares | 4/1/2025 | M · Option Exercise | −12.18K | — | 0.00 |