For those that thought layoffs would be early June, for 60 day notice to correspond to August quarter ending and earning statements, the site has been quiet, and while we are all busy with rosters and trying to keep up, maybe there won’t be layoffs
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A Humana Inc. executive sold millions of dollars worth of company shares on Monday.
Dr. William Fleming, president of healthcare services for Humana, sold about 15,600 shares of the company's common stock for about $4.54 million, according to a filing with the U.S. Securities and Exchange Commission. That's based on a fair market value of $290.16 per share, according to sale notice. Humana's shares price was $294.14 at the close of trading on Monday, according to Yahoo Finance historical data.
Fleming, who is trained as a pharmacist, oversees all of Humana's clinical and pharmacy operations, and he reports to Humana (NYSE: HUM) president and CEO Bruce Broussard. He has been with Humana for 23 years, most of which was spent within Humana's pharmacy business, according to a profile on the company's website.