Tesla's Musk Completes Options-Related Sales Plan-Filing

Reuters2021-12-29

San Francisco (Reuters) -Tesla Inc Chief Executive Elon Musk on Tuesday completed stock sales related to his options set to expire next year, according to securities filings.

"This rule 10b5-1 trading plan was completed on December 28, 2021," the filings said, referring to Musk's options-related sales set up in September via a trading plan.

The billionaire said on Dec. 22 that he would meet his target of selling about 10% of his stake in Tesla, when he is done with his "preprogrammed" sales.

"There are still a few tranches left, but almost done," he tweeted at that time.

Musk exercised an option on Tuesday to buy 1.6 million shares of Tesla and sold 934,090 shares for $1.02 billion to pay for taxes associated with the option exercise, the filings showed.

With the latest transaction, he has exercised all of the options to buy 22.86 million stocks, which are set to expire next year, according to Reuters' calculation.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

XLMM
2021-12-29
XLMM
So he is finally done?
OCY
2021-12-29
OCY
[Miser]
LIUW1204
2021-12-29
LIUW1204
Ok
KF73
2021-12-29
KF73
Okay
SeanSak
2021-12-29
SeanSak
Like n comment

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1139605428?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-12-29 13:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1139605428","market":"us","top_or_hot":-1,"title":"Tesla's Musk Completes Options-Related Sales Plan-Filing","media":"Reuters","content":"<p>San Francisco (Reuters) -Tesla Inc Chief Executive Elon Musk on Tuesday completed stock sales related to his options set to expire next year, according to securities filings.</p>\n<p>\"This rule 10b5-1 trading plan was completed on December 28, 2021,\" the filings said, referring to Musk's options-related sales set up in September via a trading plan.</p>\n<p>The billionaire said on Dec. 22 that he would meet his target of selling about 10% of his stake in Tesla, when he is done with his \"preprogrammed\" sales.</p>\n<p>\"There are still a few tranches left, but almost done,\" he tweeted at that time.</p>\n<p>Musk exercised an option on Tuesday to buy 1.6 million shares of Tesla and sold 934,090 shares for $1.02 billion to pay for taxes associated with the option exercise, the filings showed.</p>\n<p>With the latest transaction, he has exercised all of the options to buy 22.86 million stocks, which are set to expire next year, according to Reuters' calculation.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Musk Completes Options-Related Sales Plan-Filing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Musk Completes Options-Related Sales Plan-Filing\n</h2>\n\n<h4 class=\"meta\">\n\n2021-12-29 13:19 北京时间&nbsp;&nbsp;&nbsp;<strong>Reuters</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>San Francisco (Reuters) -Tesla Inc Chief Executive Elon Musk on Tuesday completed stock sales related to his options set to expire next year, according to securities filings.\n\"This rule 10b5-1 trading...</p>\n\n<a href=\"None\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":null,"article_id":"1139605428","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1139605428","pubTimestamp":1640755186,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"San Francisco (Reuters) -Tesla Inc Chief Executive Elon Musk on Tuesday completed stock sales relate","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"特斯拉马斯克完成期权相关销售计划备案","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"San Francisco (Reuters) -Tesla Inc Chief Executive Elon Musk on Tuesday completed stock sales related to his options set to expire next year, according to securities filings.\n\"This rule 10b5-1 trading plan was completed on December 28, 2021,\" the filings said, referring to Musk's options-related sales set up in September via a trading plan.\nThe billionaire said on Dec. 22 that he would meet his target of selling about 10% of his stake in Tesla, when he is done with his \"preprogrammed\" sales.\n\"There are still a few tranches left, but almost done,\" he tweeted at that time.\nMusk exercised an option on Tuesday to buy 1.6 million shares of Tesla and sold 934,090 shares for $1.02 billion to pay for taxes associated with the option exercise, the filings showed.\nWith the latest transaction, he has exercised all of the options to buy 22.86 million stocks, which are set to expire next year, according to Reuters' calculation.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9009453172,"gmtCreate":1640771040641,"gmtModify":1676533540453,"author":{"id":"4100909250192760","authorId":"4100909250192760","name":"XLMM","avatar":"https://community-static.tradeup.com/news/5fd3a75ea7ccf88aca493e34c270e676","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":1,"crmLevelSwitch":0,"idStr":"4100909250192760","authorIdStr":"4100909250192760"},"htmlText":"So he is finally done?","listText":"So he is finally done?","text":"So he is finally done?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009453172","repostId":1139605428,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9009429486,"gmtCreate":1640766748880,"gmtModify":1676533540113,"author":{"id":"3579472950975074","authorId":"3579472950975074","name":"OCY","avatar":"https://community-static.tradeup.com/news/7cb8744530addae1ce9dcac8bfcdb8d7","vip":1,"hat":"https://static.tigerbbs.com/50a4c8d97279fa9f8f1fa9749a6bdff4","crmLevel":9,"crmLevelSwitch":1,"idStr":"3579472950975074","authorIdStr":"3579472950975074"},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009429486","repostId":1139605428,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9009483987,"gmtCreate":1640756311891,"gmtModify":1676533539663,"author":{"id":"4095681550599400","authorId":"4095681550599400","name":"LIUW1204","avatar":"https://static.tigerbbs.com/5ad6e086929ccde120fddfc04f525e6b","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"4095681550599400","authorIdStr":"4095681550599400"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009483987","repostId":1139605428,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9009483028,"gmtCreate":1640756266414,"gmtModify":1676533539671,"author":{"id":"3579568649549102","authorId":"3579568649549102","name":"KF73","avatar":"https://static.tigerbbs.com/08cb18d8dbd8d12a776f947554bdb6e6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579568649549102","authorIdStr":"3579568649549102"},"htmlText":"Okay&nbsp;","listText":"Okay&nbsp;","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009483028","repostId":1139605428,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9009480387,"gmtCreate":1640755576838,"gmtModify":1676533539630,"author":{"id":"3581585664475701","authorId":"3581585664475701","name":"SeanSak","avatar":"https://static.tigerbbs.com/4a62d3d455150e01d4dc6c67bd4f9c0d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581585664475701","authorIdStr":"3581585664475701"},"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009480387","repostId":1139605428,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":74,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1139605428"}