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2U, Inc.'s Chief Marketing Officer just cashed-in 10,000 options

Jeff C Rinehart, 2U, Inc.'s Chief Marketing Officer, recently cashed-in 10,000 options. The options were exercised at $2.86, while the disposals took place between $32.01 and $35.55 per share, on October 01, 2015. Rinehart continues to hold 38,295 shares of the company. Rinehart operates out of Landover, MD. Some additional info was provided as follows:

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 12, 2015. The price reported in Column 4 is a weighted average price. These shares were sold in multiple...