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Thor Industries Inc. Chairman and CEO Wade F.B. Thompson sold 300,000 shares of Thor stock last week for a little more than $10 million, according to the CBS MarketWatch online news service.
Thompson, 64, the company’s co-founder, sold the stock for $33.48 a share on June 29, according to a Securities & Exchange Commission document filed by Thompson.
Thompson continues to own a little more than 16.7 million of Thor’s 57.1 million outstanding shares, which is equivalent to owning 29% of the RV and transit bus manufacturer.
Thor stock closed Tuesday (July 6) at $32.28 a share in New York Stock Exchange trading.