Amerigroup execs sell more shares

Insider selling continues at Amerigroup Corp., according to three new filings with the Securities and Exchange Commission.

Three executives, including the chairman and CEO, and a director exercised options to acquire Amerigroup stock and immediately sold off the new shares last week.

Nicholas J. Pace, the Virginia Beach-based health insurer's executive vice president and general counsel, filed notice that he acquired 10,000 shares for $29.59 each on Monday and sold them for $44.25 each, netting $146,600. He still owns 30,805 shares. 

Linda Whitley-Taylor, Amerigroup's executive vice president of human resources, who sold shares last week, acquired 18,750 shares for $39.42 each and sold them for $44.42 each, netting $93,750, according to a new SEC filing. She still owns 34,246 shares.

Richard D. Shirk, the director who sold shares last week, filed notice of his intent to sell 61,000 shares of Amerigroup stock between Nov. 1 and Feb. 1 as he exercises stock options.

Shirk, who has sat on the board of directors since 2002, sold 15,000 shares on Nov. 1. He also sold 15,000 shares of the stock on Aug. 9, Sept. 1 and Oct. 1.