Michael V. Chobotov, Chief Technology Officer at ENDOLOGIX INC /DE/ (ELGX), sold 14,000 shares at $12.40 ($174K) on 2016-08-05, disclosed to the SEC on 2016-08-08.
Open-market sale of $174k ELGX by Chief Technology Officer. 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.