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Papa John's founder sells shares
May 17, 2007
LOUISVILLE, Ky. — Papa John's International Inc. founder John Schnatter sold 578,215 shares of Papa John's stock this week, according to a filing with the Securities and Exchange Commission.
Schnatter sold 130,000 shares for $32.77 per share and 448,215 shares for $31.99 per share, according to the filing.
Schnatter still owns 5,739,315 shares of Papa John's stock directly, according to the filing, and owns an additional 1,268,052 shares indirectly through a family partnership.
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