Mellanox (MLNX) CEO Waldman Says Sales Not Related to Recent Price Action

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Mellanox (MLNX) CEO, CFO Enter Rule 10b5-1 Trading Plans

October 22, 2012 4:21 PM EDT

Mellanox Technologies, Ltd. (Nasdaq: MLNX) announced that Eyal Waldman, chairman, president and CEO, and Michael Gray, chief financial officer, have each adopted a stock trading plan to sell a portion of their ordinary shares of the company in an orderly manner. Each plan adopted is in accordance with the guidelines specified by Rule 10b5-1 under the Securities and Exchange Act of 1934.

Rule 10b5-1 permits corporate officers,... More