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NEW YORK - The executive vice president and chief information officer of media marketing and research company Arbitron Inc. exercised options for 5,000 shares of common stock, according to a Securities and Exchange Commission filing.
| ARB | 47.7 |  -0.12 |
In a Form 4 filed with the SEC Thursday, Vaughan Scott Henry reported he exercised the options Wednesday for $38.88 apiece and then sold all 5,000 of them on the same day for $48.24 apiece. Henry sold an additional 1,521 shares on Tuesday for $47.81 and $48.07 each.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Arbitron is based in New York.
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