Raven Industries director sells 42,665 shares
By
Associated Press
May 27, 2008
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A director of Raven Industries Inc., an agriculture products and plastic sheeting manufacturer, sold 42,665 shares of common stock, according to a Securities and Exchange Commission filing Friday.
In a Form 4 filed with the SEC, David A. Christensen, who is the company's former president and CEO, reported he sold the shares Wednesday for $36.75 to $36.80 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Raven Industries is based in Sioux Falls, S.D.