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Article: WPS Resources Corporation CEO Adopts 10b5-1 Plan.
- Article from:
- PR Newswire
- Article date:
- November 13, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GREEN BAY, Wis., Nov. 13 /PRNewswire-FirstCall/ -- Larry L. Weyers, the chairman, president, and chief executive officer of WPS Resources Corporation , established a 10b5-1 plan to sell over a period of one year, commencing on November 22, 2006, a portion of his common stock holdings in WPS Resources. A 10b5-1 plan allows directors and officers of a company to buy or sell company stock on a regular, systematic basis, without risking liability under federal insider trading laws. Transactions executed by directors and officers under this plan are not subject to normal blackout periods that would otherwise be imposed by WPS Resources.
Mr. Weyers established the ...