Three days after the presidential election, James Gorman did something he hadn’t done before in his six years as chief executive of Morgan Stanley: He sold stock. Mr. Gorman exercised options on 200,000 Morgan Stanley shares and sold them at $37.70 each, filings show. He sold another 100,000 shares later in November as the stock surged on the back of Donald Trump’s victory, and late last week, he disposed of a further 285,000....

Source: Wall Street Journal January 23, 2017 18:21 UTC