Timothy James Lorello, Senior VP & CMO at TELECOMMUNICATION SYSTEMS INC /FA/ (TSYS), sold 62,258 shares at $2.17 ($22K) on 2014-02-20, disclosed to the SEC on 2014-02-20.
Open-market sale of $22k TSYS by Senior VP & CMO. 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 | $0.00 | 52,258 | $0 | 0.0% |
| 2 | $2.22 | 5,500 | $12K | 55.6% |
| 3 | $2.17 | 4,500 | $10K | 44.4% |
| Total | $0.35 avg | 62,258 | $22K | 100% |
| Filing → |
| TSYS | SELL | 2014-11-14 | $28K | — | Filing → |
| TSYS | SELL | 2014-08-28 | $31K | — | Filing → |
| TSYS | SELL | 2014-05-29 | $33K | — | Filing → |