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Insider Trends: Alvarion Insider Extends 90-Day Selling Trend

05/10/2021 13:43

05:31 PM EDT, 05/10/2021 (MT Newswires) -- Dr Ann M Leen, Chief Scientific Officer, sold 150,000 shares of Alvarion (ALVR) on May 10, 2021, for $3,412,500. Subsequent to the Form 4 filing with the SEC, Dr Leen controls a total of 2,337,142 shares of the company, with 28,000 shares held directly and 2,309,142 owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $55.7 million.

During the most recent 90-day period, previous to the date of this filing, there have been 19 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 508,593 company shares by insiders. Relative to the preceding 90-day window of time, there were 2 transactions from 2 insiders that resulted in the net disposition of 103,759 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1754068/000120919121031337/xslF345X03/doc4.xml

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