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Mike Z. Snaps Up Some NT

March 25th, 2008 ·

Got a tip from a reader (Thanks!) that Nortel CEO Mike Zafirovski is putting his money where his mouth is by acquiring some more NT stock.

Earlier this week, he purchased 83,500 shares at prices range from $6.20 to $6.37 each. Mike Z. also holds 1.73 million stock options with exercise prices ranging from $8.31 to $31.

Meanwhile, chairman Harry Pearce picked up 79,000 shares.

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Tags: Executive Suite · Stock