Wiley ceo William Pesce , cfo/coo Ellis Cousens and seven other company “insiders” have been selling options and shares now that the publisher’s stock is on a roll. They’ve sold about $14 million worth of shares in all over the past five months, “more shares than in any comparable period in the last twenty years, according to data from The Washington Service,” the WSJ reports. Pesce exercised options and sold shares for about $5.5 million in proceeds, while Cousens collected about $2.5 million in proceeds. Spokesperson Susan Spilka told the WSJ that “the company does not undertake to explain the […]
