Thursday’s Insider Report: Chair unloads $1.5-million from this tech stock

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Thursday’s Insider Report: Chair unloads $1.5-million from this tech stock
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A look at recent notable transactions

Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over.

The list features insider transaction activity; it does not convey total ownership information as an insider may hold numerous accounts. Keep in mind, when looking at transaction activities by insiders, purchasing activity may reflect perceived value in a security. Selling activity may or may not be related to a stock’s valuation; perhaps an insider needs to raise money for personal reasons. An insider’s total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company.

The following four stocks have had recent selling activity in the public market reported by insiders.On May 17, vice-president of corporate development Dale Mah exercised his options, receiving 112,800 shares at an average cost per share of roughly $3.01, and sold 112,800 shares at a price per share of $5.2151. Net proceeds exceeded $248,000, not including any associated transaction fees. After these transactions, this particular account did not hold any shares.

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Insider Activity Shares Company Account Proceeds Price Endeavour Silver Corp. Dale Mah Fortuna Silver Mines Inc.

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