BVI-based UTi Worldwide CFO sells shares
According to a Securities and Exchange Commission filing, UTi Worldwide, based in the British Virgin Islands and providing air and ocean freight forwarding and contract logistics, has sold 10,000 shares of common stock.
The information is provided by the chief financial officer of UTi Worldwide, Lawrence R. Samuels; in a Form 4 filed with the Securities and Exchange Commission he reported about selling the shares last Thursday, for $29.70 a piece. This Form 4 is filed by the insiders to report transactions in their companies’ shares. Open market sales and purchases are to be reported within two business days of the transaction.