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NEW YORK - The executive vice president of geoscience for oil and gas producer Pioneer Natural Resources Co. exercised options for 6,667 shares of common stock, according to a Securities and Exchange Commission filing Thursday.
In a Form 4 filed with the SEC, Chris J. Cheatwood reported exercising the options on Wednesday for $24.72 apiece and then selling the same number of shares on the same day for $76 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.
Pioneer Natural Resources is based in Irving, Texas.
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