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 the firm's stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $304.87, for a total transaction of $6,097,400.00. Following the transaction, the chief executive officer directly owned 8,608,090 shares of the company's stock, valued at approximately $2,624,348,398.30. This trade represents a 0.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NASDAQ:VICR