Patrick A. Shay, EVP of Sales and Marketing at ORBCOMM Inc. (ORBC), sold 4,200 shares at $5.89 ($25K) on 2013-12-11, disclosed to the SEC on 2013-12-13.
Open-market sale of $25k ORBC by EVP of Sales and Marketing. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
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