Business

One of Pittsburgh’s highest-paid CEOs gains $3M in stock sale

By Patty Tascarella – Senior Reporter, Pittsburgh Business Times

WPXI ED STACK Ed Stack, CEO of Dick's Sporting Goods, ranks No. 5 on the Business Times' list of the region's highest paid public company executives, according to total 2019 compensation. (PITTSBURGH BUSINESS TIMES)

By Patty Tascarella – Senior Reporter, Pittsburgh Business Times

PITTSBURGH — One of Pittsburgh’s highest paid executives realized more than $3 million from selling stock following his company’s record second quarter.

Dicks Sporting Goods Inc.'s chairman and CEO Edward Stack sold 59,299 shares of the Findlay Township-based retailer’s stock, according to a Monday filing with the U.S. Securities and Exchange Commission.

Stack’s shares were sold at an average price of $57.55, for a total of about $3.4 million. The transaction occurred on Sept. 10.

Read more from our news partners at the Pittsburgh Business Times.

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