Executives at Palm selling stock




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The Plam Pre is doing well for the manufacturer. Exactly how well it is down really depends on who you talk to. Palm remains mum on the number of Pres sold since it launched, but we do know from several sources that sales have leveled out.

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According to a report from Barrons three Palm insiders have sold enough stock between the trio to rack up $4.6 million. The three executives sold 300,000 shares of stock. Among those selling were Renata Lance who sold 176,458 shares for a cool $2.7 million.

Brodie Keast sold 20,295 shares for $300,000 and Gordon Campbell sold 106,939 shares for $1.7 million. It is noted that none of the insiders own more than 1% of the company. The Pre has certainly put money in the pockets of some Palm executives.

[via Barrons]

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