Federal Signal: Insider Move: Jennifer L Sherman Exercises Options, Realizing $782K At Federal Signal

Disclosed in a recent SEC filing on April 9, Sherman, President & CEO at Federal Signal (NYSE:FSS), made a noteworthy transaction involving the exercise of company stock options.What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday revealed that Sherman, President & CEO at Federal Signal in the Industrials sector, exercised stock options for 12,935 shares of FSS stock. The exercise price of the options was $16.09 per share.The Thursday morning market activity shows Federal Signal shares down by 0.0%, trading at $76.59. This implies a total value of $782,567 for Sherman's 12,935 shares.Unveiling the Story Behind Federal SignalFederal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates in the segments of Environmental Solutions Group and the Safety and Security Systems Group. The Environmental Solutions group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance water blasting equipment, dump truck bodies, and trailers. The Safety and Security Systems Group offers comprehensive systems and products such as campus and community alerting, emergency vehicles, first responder interoperable communications, and others. The company generates a majority of its revenue from the Environmental Solutions Group segment.Key Indicators: Federal Signal's Financial HealthRevenue Growth: Federal Signal's remarkable performance in 3 months is evident. ...Full story available on Benzinga.com