NEW YORK, Sept 21 (Reuters) - David Glass, a former chief executive of Wal-Mart Stores Inc (WMT.N) who stepped down in 2000, revealed on Friday that he sold about 300,000 shares of the retailer this week.
Glass, who now serves on Wal-Mart’s board of directors, disclosed in a U.S. Securities and Exchange filing that he had sold the shares on Wednesday through Friday, for prices ranging from $44 to $45.02 per share.
The sale represented about 20 percent of his holdings, according to data tracker InsiderScore.com.
Wal-Mart shares hit their lowest level since late 2000 on Sept. 10, but have rebounded by about 5 percent since then.
Wal-Mart shares were down 1 cent at $44.31 in late trading on Friday on the New York Stock Exchange.
Reporting by Emily Chasan