Maurice B. Tose, Chairman, President & CEO at TELECOMMUNICATION SYSTEMS INC /FA/ (TSYS), sold 337,065 shares at $3.25 ($1.1M) on 2015-05-19, disclosed to the SEC on 2015-05-20.
Open-market sale of $1.1M TSYS by Chairman, President & CEO. 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 | $3.25 | 31,233 | $102K | 9.3% |
| 2 | $3.25 | 68,767 | $223K | 20.4% |
| 3 | $3.25 | 237,065 | $770K | 70.3% |
| Total | $3.25 avg | 337,065 | $1.1M | 100% |
| Filing → |
| TSYS | SELL | 2014-03-06 | $209K | — | Filing → |
| TSYS | SELL | 2013-05-30 | $231K | — | Filing → |
| TSYS | SELL | 2012-03-08 | $254K | — | Filing → |