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Electronics Production | July 13, 2007

Solectron executive sold major stake in the company

An executive vice president of Solectron Corp. sold 48,094 shares of common stock under a prearranged trading plan.
In a Form 4 filed with the SEC Wednesday, Todd M. Duchene reported he sold the shares Wednesday for $3.75 apiece.

The stock sale was conducted under a prearranged 10b5-1 trading plan which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material non-public information.
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December 13 2018 1:08 pm V11.10.14-1