Discover executives sell $4 million in stock

By Becky Yerak
Posted Jan. 3 at 5:47 p.m.

Two Discover Financial Services executives ended 2010 by selling nearly $4 million in stock of the Riverwoods-based credit card company.

On Dec. 20, President Roger Hochschild sold 100,000 shares for an average price of $18.26. On Dec. 27, Chief Financial Officer Roy Guthrie sold 115,000 shares for an average price of $18.50, according to Securities and Exchange Commission records.

The men continue to own nearly 1.3 million and more than 446,000 shares, respectively.

Discover stock closed Monday at $18.83 a share, up 1.6 percent.

To see the filings, click here and here.

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