Insider Selling: Vicor (NASDAQ:VICR) CEO Sells 20,000 Shares of Stock
MarketBeat
Vicor Corporation (NASDAQ:VICR - Get Free Report) CEO Patrizio Vinciarelli sold 20,000 shares of Vicor stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $311.85, for a total transaction of $6,237,000.00. Following the completion of the sale, the chief executive officer owned 8,728,090 shares of the company's stock, valued at $2,721,854,866.50. This represents a 0.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NASDAQ:VICR