Jochen Zeitz and Martin Gänsler, the two top managers of Puma, have made capital gains of €9.37 million and €4.47 million, respectively, through the resale of Puma shares, the company says on its website. Zeitz, who is the company’s chief executive, sold 82,700 shares at an average price of €319.49 after buying them at €206.20 under the company’s stock option scheme. His deputy, Gänsler, sold 40,000 shares on a similar basis.