Charles J. Ledet, EVP-COO of ION Systems at ION GEOPHYSICAL CORP (IO), sold 30,000 shares at $16.00 ($480K) on 2008-05-19, disclosed to the SEC on 2008-05-20.
Open-market sale of $480k IO by EVP-COO of ION Systems. 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.