Celadon (CGI) Chair Adopts 10b5-1 Trading Plan
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Celadon Group Inc. (NYSE: CGI) announced that their Chairman, Stephen Russell, has adopted a written sales plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
Russell’s Rule 10b5-1 trading plan is intended to permit the orderly disposition of a portion of his holdings as part of his personal long-term financial plan for asset diversification and liquidity.
The shares subject to the trading plan represent approximately 15% of Russell’s holdings of the Company’s common stock and related derivative securities.
Russell’s Rule 10b5-1 trading plan is intended to permit the orderly disposition of a portion of his holdings as part of his personal long-term financial plan for asset diversification and liquidity.
The shares subject to the trading plan represent approximately 15% of Russell’s holdings of the Company’s common stock and related derivative securities.
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