A Humana executive filed policies to sell about $4 million in Humana stock, in accordance with a filing with the U.S. Securities and Exchange Commission.
Louisville-based Humana chief innovation officer Christopher Kay planned to sell 17,010 shares, with an aggregate market value of $4.04 million, on the day of July 3. The filing states the share prices were based on a fair market value of $237.34. Humana’s stock was trading at $241.53 in early afternoon trading Wednesday.
Kay was hired as Humana’s chief innovation officer in the year of 2014, in accordance with a Humana’s website. Before his employment with Humana, Kay was director and CEO of Citi Ventures, the global corporate venturing arm of Citigroup Inc. He joined Citigroup in the year of 2007.
Humana’s workforce in the region of Florida is more than 11,000 employees, and more than 4,000 associates in the Tampa Bay area.
The company laid off about 500 people in Florida and Ohio, earlier in 2017.About 260 of the positions were in the Tampa Bay area.
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