EVP Sells Over 2000 Shares During Blackout Period

[Anonymous]

EVP, CFO of AMAG Pharmaceuticals Inc. (AMAG) David Arkowitz sells 2,705 shares of AMAG on 02/24/2011 at an average price of $17.07 a share.

Wasn't this during a blackout period? Glad that the rules don't apply to the EVP CFO. I am SURE that HE isn't in possession of any non-material information!!

 

[Anonymous]

Check out out the stock he sold in the 30's right before the stock tanked. Everything he had at the time. CMO too. SEC should be watching

 

[Anonymous]

That stinks to high heaven.

 

[Anonymous]

Many senior executives have schedules whereby shares are sold at scheduled dates. If a schedule was set well before any knowledge of a blackout date, it may be a permitted sale. It should be reviewed and approved by Legal, though.

 

[Anonymous]

Many senior executives have schedules whereby shares are sold at scheduled dates. If a schedule was set well before any knowledge of a blackout date, it may be a permitted sale. It should be reviewed and approved by Legal, though.

Thanks Joe for the clarification.

 

[Anonymous]

The rules do not apply to our Senior Team , only to the people that do all the work. Remember last year when Brian sold all of that stock for Millions and millions of dollars at a much higher stock price. HMMMMM maybe he knew something that is why he unloaded all that stock. Why would he have sold all that stock then, if the future of the company was so bright? Amazing isn't it, we are left holding stock that is worthless and he has made $20M dollars selling it off before. I notice he does not own much now.....all very interesting if our executives have so much faith why don't they buy all the stock now when it is at a low price? Guess....maybe because it is now worthless