| By Business Wire | Article Rating: |
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| March 6, 2013 06:34 PM EST | Reads: |
306 |
TD Ameritrade Holding Corporation (NYSE: AMTD) announced today that Fred Tomczyk, president and chief executive officer, intends to sell up to 200,000 shares of the company’s common stock, approximately 8 percent of his 2.5 million shares. Following the transaction, which has been approved by the company’s Board of Directors Compensation Committee, he will continue to exceed the company’s share ownership guidelines, which are set at 10-times his base salary.
The shares will be sold between now and Mar. 15, 2013. Mr. Tomczyk plans to use the proceeds to fulfill diversification and liquidity needs within his portfolio and to satisfy charitable commitments.
For the latest news and information about TD Ameritrade, follow the Company on Twitter, @TDAmeritradePR.
AMTD-G
About TD Ameritrade Holding Corporation
Millions of
investors and independent registered investment advisors (RIAs) have
turned to TD Ameritrade’s (NYSE: AMTD) technology,
people
and education
to help make investing and trading easier to understand and do. Online
or over the phone. In a branch or with an independent RIA. First-timer
or sophisticated trader. Our clients want to take control, and we help
them decide how - bringing Wall Street to Main Street for more than 37
years. TD Ameritrade has time and again been recognized
as a leader in investment services. Please visit TD Ameritrade’s newsroom
or www.amtd.com
for more information.
Brokerage services provided by TD Ameritrade, Inc., member FINRA (www.FINRA.org) /SIPC (www.SIPC.org) /NFA (www.nfa.futures.org)
Published March 6, 2013 Reads 306
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