CEO Sells $49 Million Of Express Scripts Stock

Photo courtesy of Creative Commons
George Paz sold $49 million worth of Express Scripts stock as part of a diversification strategy. | Courtesy of Creative Commons

The CEO and chairman of Express Scripts sold a total of 681,508 shares of Express Scripts stock worth about $49 million and representing about 26 percent of his holdings in the company. The sale on June 13 by George Paz was prearranged and part of an investment diversification strategy, according to a filing with the U.S. Securities Exchange Commission.

Express Scripts is the nation’s largest pharmacy benefits manager with more than $100 billion in annual revenue,

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