Gary D. Shearer, Executive Vice President at TOWER FINANCIAL CORP (TOFC), sold 2,040 shares at $12.06 ($25K) on 2013-01-28, disclosed to the SEC on 2013-01-28.
Open-market sale of $25k TOFC by Executive Vice President. 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $12.06 | 840 | $10K | 41.2% |
| 2 | $12.06 | 1,200 | $14K | 58.8% |
| Total | $12.06 avg | 2,040 | $25K | 100% |