Marco Fuchs, Director at ORBCOMM Inc. (ORBC), sold 137,551 shares at $11.50 ($1.6M) on 2007-05-29, disclosed to the SEC on 2007-05-31.
Open-market sale of $1.6M ORBC by Director. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $11.50 | 3,700 | $43K | 2.7% |
| 2 | $11.50 | 133,851 | $1.5M | 97.3% |
| Total | $11.50 avg | 137,551 | $1.6M | 100% |