TD Ameritrade Holding Corporation AMTD announced today that , president and chief executive officer, intends to sell up to
200,000 shares of the company's common stock, approximately 8 percent of
his 2.5 million shares. Following the transaction, which has been
approved by the company's Board of Directors Compensation Committee, he
will continue to exceed the company's share ownership guidelines, which
are set at 10-times his base salary.
The shares will be sold between now and Mar. 15, 2013. Mr. Tomczyk plans
to use the proceeds to fulfill diversification and liquidity needs
within his portfolio and to satisfy charitable commitments.
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