Exponent Group Vice President dumped 10,000 shares of stock in March

[Rob0729]

I just heard this on WEEI. Could be a coincidence, but Group Vice President Robert Calligiuri dumped 10,000 shares in March. In fact several other executives have dumped thousands of shares in the same timeframe.

http://www.octafinance.com/?s=NASDAQ:EXPO

Could they have been worried that the Deflategate science could have blown up in their face and tank the stock? Or was it a coincidence?

 

[farn]

The Wells Report was INDEPENDENT ! I mean, the texts. Wait, what about the destroyed cellphone ?

Weren't we talking about air pressure ? Exponent was thrashed in the media. They deserve it.

 

[IllegalContact]

coincidence.........

 

[shmessy]

coincidence.........

I agree.

Not even sure Exponent was brought in until the very end of the investigation in April/May.

 

[Dr Pain]

This whole think has hurt their reputation and this hurts their bottom line. They were under the radar other than a few articles but now if you do a search they have many more results. A firm looking to hire them has to factor in how this will work in cross examination for their trial.

 

[XLIX]

This whole think has hurt their reputation and this hurts their bottom line.

Oh I dunno..... I think their reputation as a firm that will provide whatever scientific results their clients ask for is still secure.....

 

[BTTA]

I just heard this on WEEI. Could be a coincidence, but Group Vice President Robert Calligiuri dumped 10,000 shares in March. In fact several other executives have dumped thousands of shares in the same timeframe.

http://www.octafinance.com/?s=NASDAQ:EXPO

Could they have been worried that the Deflategate science could have blown up in their face and tank the stock? Or was it a coincidence?

Senior execs can sell stock in predetermined windows, and IMMSMC there's a pretty rigorous filing process, to keep them from doing exactly what you are suggesting he is doing, to rip off an unsuspecting buyer because he had inside info on difficulties the business was about to have.

 

[Dr Pain]

Oh I dunno..... I think their reputation as a firm that will provide whatever scientific results their clients ask for is still secure.....

True but a jury will know this now. That is bad news.

 

[IllegalContact]

hey....there's big money in 'intended outcomes'

ted wells and exponent really aren't the bad guys here.......their being paid to do their jobs exactly how their client wants them to do it........the hoops ted wells is willing to jump through is pretty damned ambitious

 

[DarrylS]

Exponent is a fairly large company 900+ employees..

Checked last week their stock seemed healthy..

 

[eom]

this stuff is ongoing at every company

http://finance.nbcconnecticut.com/w...ive/robert-d-caligiuri/robert-d-caligiuri.htm

 

[RelocatedPatFan]

a week ago he dumped 10k shares, but didn't see that it happened in march (6500 was the most i saw). I think the dating is reported as day-month-year so he put the transaction in on August 3rd and it settled on the 4th.

http://insidertrading.org/?sort_by=...rom=2015-06-01&date_to=2015-08-07&submit=+GO+

 

[RobertWeathers]

Senior execs can sell stock in predetermined windows, and IMMSMC there's a pretty rigorous filing process, to keep them from doing exactly what you are suggesting he is doing, to rip off an unsuspecting buyer because he had inside info on difficulties the business was about to have.

Accurate. Based on a litany of factors, rules and regulations, all this stuff is closely monitored by the SEC.

 

[Rob0729]

a week ago he dumped 10k shares, but didn't see that it happened in march (6500 was the most i saw). I think the dating is reported as day-month-year so he put the transaction in on August 3rd and it settled on the 4th.

http://insidertrading.org/?sort_by=...rom=2015-06-01&date_to=2015-08-07&submit=+GO+

You are right. I am wrong. It was yesterday. I saw March somewhere else.

 

[PatsFanSince74]

I just heard this on WEEI. Could be a coincidence, but Group Vice President Robert Calligiuri dumped 10,000 shares in March. In fact several other executives have dumped thousands of shares in the same timeframe.

http://www.octafinance.com/?s=NASDAQ:EXPO

Could they have been worried that the Deflategate science could have blown up in their face and tank the stock? Or was it a coincidence?

Insiders sell shares all the time, especially when their options vest, which often happens in March and April. The company seems to be well regarded by the analysts that follow it, so I wouldn't read much into this...as much as I'd like to.

 

[h0c2000]

He's been selling regularly for the last 5 years at least. Doesn't seem like anything to see here, except that he's well compensated.

http://insidertrading.org/index.php...owner_name&filter_by_value=CALIGIURI+ROBERT+D

 

[RelocatedPatFan]

You are right. I am wrong. It was yesterday. I saw March somewhere else.

No worries, I was just curious and poking around. the day-month-year format threw me off as well.