Oceaneering (OII) Director DesRoche Sells 12% of Stake

November 23, 2012 11:19 AM EST
Oceaneering International, Inc. (NYSE: OII) is active Friday amid a new insider sale disclosed earlier.

According to a Form 4 filed with the U.S. SEC, director Jerold DesRoche sold 5,540 of his stake on November 21st. Shares were sold at $53.8136 for gross proceeds of about $298,128.

Following the sale, DesRoche holds 39,860 shares of Oceaneering.

The stock is up 0.3 percent today.


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