Electronics Production |
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.
