1.78%XLF 20.53 6.48%QQQQ 45.97 2.38%
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NEW YORK (AP) - The president and chief executive of customer service software and services provider Synchronoss Technologies Inc. sold 12,000 shares of common stock under a prearranged trading plan, according to Securities and Exchange Commission filings Friday.
| SNCR | 9.04 |  0.55 |
In a Form 4 filed with the SEC, Stephen G. Waldis reported he sold the shares last Wednesday and Thursday for $22.17 to $24.11 apiece.
The stock sale was conducted under a prearranged 10b5-1 trading plan, which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material nonpublic information.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Synchronoss is based in Bridgewater, N.J.
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