Amerigroup director cashes in some stock

Posted to: Banking Business
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By Christopher Dinsmore
The Virginian-Pilot
© November 19, 2010

Another director on Amerigroup Corp.'s board has sold stock in the Virginia Beach-based health insurer.

In a filing with the Securities and Exchange Commission, William J. McBride, a director since 1995, disclosed that he sold 4,016 shares for $43.32 each on Monday and 5,984 shares for $44.21 each on Tuesday. Between the two sales, he generated $438,525. He still owns 52,426 Amerigroup shares.

McBride, a retired health insurance executive, joins two other directors and several executives in selling Amerigroup stock in the past three weeks.

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why????????????????

Submitted by theenforcer on Fri, 11/19/2010 at 1:47 pm.

sell it all quick the sky is falling insurance cost are rising. oops to late just increased today.did you let anyone else in on your secret or was it just the few of you???