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MDU Resources Group VP exercises options



By AP
29 May 2008 @ 03:57 pm EST

NEW YORK - The vice president of strategic planning at energy and construction company MDU Resources Group Inc. exercised options for and then sold 5,442 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.

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MDU 19.31 3.72

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In a Form 4 filed with the SEC, John P. Stumpf reported he exercised options Friday for $16.20 apiece then sold the shares the same day for $31.61 to $31.64 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.

MDU Resources is based in Bismarck, N.D.

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 This material may not be published, broadcast, rewritten or redistributed.

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