Vringo (VRNG) Tech, Operating Execs Sell More Shares

November 27, 2012 8:47 AM EST
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Vringo (AMEX: VRNG) is indicated flat ahead of the opening bell Tuesday following yet another key insider trade.

This morning, a Form 4 was filed disclosing that COO Alexander Berger sold 250 indirectly held shares in the open market for a price of $4 per share with gross transaction value of $1,000.

CTO Andrew Lang sold 500 shares held by Innovation Spring for $4 each, or gross value of $2,000.

In the broad spectrum, the share sale by both isn't huge. Berger holds 1,814,282 Vringo shares indirectly by ARB-A Investment Trust. His direct holdings are 675,000 shares. Lang has 2,931,752 in his Innovation Spring LLC entity and 2,765,400 held directly.

Berger and Lang last sold on November 9th. For more on those sales, click here.

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