Joseph S. Steinberg Purchases 6,190 Shares of Crimson Wine Group Ltd (CWGL) Stock
Crimson Wine Group Ltd (NASDAQ:CWGL) Director Joseph S. Steinberg bought 6,190 shares of the company’s stock in a transaction that occurred on Thursday, September 29th. The shares were bought at an average price of $8.70 per share, with a total value of $53,853.00. Following the transaction, the director now owns 256,227 shares of the company’s stock, valued at approximately $2,229,174.90. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
About Crimson Wine Group
Crimson Wine Group, Ltd. (Crimson) is engaged in producing and selling ultra-premium and luxury wines. The Company operates through two segments: Wholesale Sales and Direct to Consumer Sales. The Wholesale Sales segment includes all sales through a third party where prices are given at a wholesale rate whereas Direct to Consumer Sales segment includes retail sales in the tasting room, remote sites and at on-site events, Wine Club sales, and other sales made directly to the consumer without the use of an intermediary.
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