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NEW YORK - A director of steel processor and distributor Olympic Steel Inc. exercised options for 3,000 shares of common stock, according to a Securities and Exchange Commission filing.
| ZEUS | 49.84 |  -4.43 |
In a Form 4 filed with the SEC Friday, James Meathe reported he exercised the options Thursday for $2.63 apiece and then sold all 3,000 of them on the same day for $53.90 and $53.91 apiece.
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.
Olympic Steel is based in Bedford Heights, Ohio.
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