Hanger CEO Ivan Sabel dumps block of stock last week

Daniel Gottry

Description

Title:

Hanger CEO Ivan Sabel dumps block of stock last week

Creator:

Daniel Gottry

Date:

9/18/2006

Text:

Since the uproar by many patients and independent providers of Hangers announcement of Linkia's recent controversial capture of the national contracting with Cigna and Great West Life insurers for O&P coverage ... and for other reasons ...

Hanger Orthopedic Group executives may be feeling a somewhat vulnerable to the prospect of future stock values.

Hanger CEO Ivan Sabel has sold more than 40,000 shares of his company's stock in the past year, including the sale of 33,500 shares on Sept 12, 2006 for a price of $243,712.50.

Other officers and directors, within the company, have also been liquidating stock in the past nine months at prices of $6.00 to $7.10 a share. Hanger stock reached a high of nearly $28 a share in January of 1999.

<URL Redacted>

Are Hanger's legal issues making Hanger executives feel a little uneasy?

For more information, visit

www.gottrys.com/leggo/

.

Dan

----------------

Daniel Gottry
<Email Address Redacted>
480-491-1020



                          

Citation

Daniel Gottry, “Hanger CEO Ivan Sabel dumps block of stock last week,” Digital Resource Foundation for Orthotics and Prosthetics, accessed November 24, 2024, https://library.drfop.org/items/show/227251.