VF Corp.’s chief executive officer profited $3.5 million after exercising stock options at $18.72 per share and reselling them on the market for $70.57 per share, according to a filing Monday morning with the Securities and Exchange Commission.

Stephen Rendle has been president of the company since June 2015 and was named chief executive officer in the beginning of 2017. Prior to that, Rendle served as vice president of the company from 2011 to 2014.

After the transactions, which occurred on Thursday, Rendle still owns more than 118,000 shares worth more than $8.2 million.

The transaction occurred just three days after the company posted its third quarter earnings, which beat Wall Street’s predictions.

The textile producer reported $1.23 earnings per share for the quarter, beating the Reuters’ consensus estimate of $1.12. The business had revenue of $3.51 billion during the quarter, compared to the consensus estimate of $3.40 billion.

“We will continue to evolve VF and our brands to become more consumer and retail centric. We will reshape our portfolio and align ourselves with our financial aspirations,” said Rendle during the company’s earnings call last week.

Rendle is not the first of the executive of the company to sell of stock recently. In early September, Executive Chairman Eric Wiseman profited $11.39 million after exercising stock options. Wiseman served as the company’s CEO from 2008 to 2016.

VF Corp’s stock was trading at $69.80 Monday afternoon, down $1.10 from the market’s opening.