WSJ: Dril-Quip Sale Mightn’t Mean Much


A co-chairman of Dril-Quip sold $22.8 million in company stock this month, but observers said his sales shouldn’t spook investors.

Through a trust, Larry Reimert sold 428,484 shares of the provider of offshore-drilling equipment, according to Form4Oracle.com, a Web site that tracks and interprets insider-trading signals. The sales were Mr. Reimert’s first since 2007.

Mr. Reimert declined to discuss his sales, citing rules that prohibit selective disclosure …

http://online.wsj.com/article/SB10001424052748703438404574598120242513540.html

This entry was written by form4oracle, posted on December 15, 2009 at 10:14 pm, filed under Insider Trading Activity and tagged , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.