RAPAPORT... Michael Kowalski, the CEO of Tiffany & Co., sold 77,000 shares of common stock in the company, according to a filing with the Securities Exchange Commission (SEC) on February 26. The shares were sold for an average price of $91.27 for a total value of $7,062,440.
Following the transaction, Kowalski holds 228,088 shares in the company with 3,029 shares held by the Kowalski Family Foundation.
Tiffany's shares closed 35 percent higher year on year at $93.25 on the New York Stock Exchange on February 28.
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