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Torchmark Director Lanier sells company shares



By AP
23 April 2008 @ 12:47 pm EST

WASHINGTON - A director of insurer Torchmark Corp. sold 31,750 shares of common stock, according to a Securities and Exchange Commission filing.

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In a Form 4 filed Tuesday with the SEC, Joseph L. Lanier Jr. reported he sold the shares Monday for $63 to $63.31 apiece.

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.

Torchmark is based in McKinney, Texas.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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