Integrys Energy Group Inc. (TEG): CEO Continues to Reduce Position

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Charles A. Schrock, Chairman and CEO at Integrys Energy Group Inc. (NYSE:TEG), disposed of 11,630 shares of common stock at a unit price of $69.5032 on October 15, 2014. Mr. Schrock now directly owns 29,505 shares, and indirectly controls an additional 9570 shares through an employee stock ownership plan and a stock investment plan.

Integrys Energy Group Inc. (NYSE:TEG) has seen several insider sales this year. Lawrence T. Bogard, President and COO, William D. Laakso, VP and Chief Human Resources, and William J. Guc, VP and Treasurer, have all sold shares more than once this year. The sales casted doubts about the company’s future and John Orico’s Water Island Capital, the largest institutional shareholder (amongst those we track), reported no changes during the last filling period.

Integrys Energy Group Inc. (NYSE:TEG) is a diversified energy holding company, its subsidiaries provide products and services in both the regulated and nonregulated energy markets.

 

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

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