Douglas Owen MacArthur, executive of Kelt Exploration Ltd. (TSX:KEL), exercised 50,000 options at an exercise price of $5.34 and sold 50,000 Common Shares on the open market at an average of $10.94, a $547K sale between Sep 14, 2026 and Sep 15, 2026, disclosed Sep 16, 2026.
The exercise and sale left the direct holding unchanged at 795,641 shares, worth about $8.8M at the Sep 16, 2026 close.
KEL closed at $11.00 on Sep 16, 2026, up 19% over the prior three months. In the 52 weeks to that date it closed between $6.06 and $11.18, and that close was within 2% of the high.
