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Anheuser-Busch president and CEO exercises options



By AP
19 May 2008 @ 12:47 pm EST

NEW YORK - The president and chief executive of beverage maker Anheuser-Busch Cos. Inc. exercised options for 50,000 shares of common stock, according to a filing with the Securities and Exchange Commission.

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In a Form 4 filed with the SEC Friday, August A. Busch IV reported exercising the options on Wednesday for $29.97 apiece, then selling all 50,000 shares on the same day for $51.67 to $51.84 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.

Anheuser-Busch is based in St. Louis.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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