Nicholas E. Bobay, VP, President, NVTCS at Exelis Inc. (XLS), sold 3,500 shares at $14.27 ($50K) on 2013-07-11, disclosed to the SEC on 2013-07-11.
Open-market sale of $50k XLS by VP, President, NVTCS. 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.