That ka-ching! you just heard was Schnatter cashing in $2.7M more Papa John’s shares

John Schnatter

Another day, another $2.7 million in Papa John’s stock sold, according to founder and CEO John Schnatter’s just-filed notice this afternoon with the Securities and Exchange Commission. It says the most recent sale was Monday: 35,603 more shares at $76 a share, again.

This table summarizes his month-long binge:

John Schnatter stock trades table August 2016

Not to worry (much), as we’ve been noting each time: He’s still the pizza chain’s No. 1 holder, with 10.5 million shares, including those under option. Still, executives don’t often sell when shares are poised to head higher, so Schnatter’s active trading is worth following.

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