FORD (NYSE: F) sales and the Ford Motor’s stock price plow ahead; some insiders are taking big profits. Ford insiders have sold $9.7 million in stock since first of the year.
Thomas Brown, the group Vice President sold approximately 267,663 shares he acquired after exercising options for $3 million, or about $11.21 per share, on Jan 6, 2010.
Michael Bannister, Executive Vice President sold approximately 231,092 shares that he acquired after exercising options for $2.7 million, or about $11.48 per share, on Jan. 7, 2010.
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