Plug Power (PLUG) Lower; Director Sells 39% of Stake
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Plug Power (Nasdaq: PLUG) shares are active today following disclosure of a recent insider sale.
According to a Form 4 filed last Friday afternoon, Air Liquide Investissements d'Avenir et de Demonstration sold 24,836 shares of Plug Power stock on December 31, 2013, for an average price of $1.6847.
Xavier Pontone serves on the board of directors of Plug Power Inc. as the representative of Air Liquide Investissements d'Avenir et de Demonstration, according to the filing.
Following the sales, Air Liquide Investissements holds 39,324 shares of Plug Power stock.
Shares of Plug Power are down 7 percent Monday.
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