Terry Kohler, Chief Financial Officer at Verrica Pharmaceuticals (NASDAQ:VRCA), reported a large insider sell on November 16, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Kohler sold 28,084 shares of Verrica Pharmaceuticals. The total transaction amounted to $82,671.
Verrica Pharmaceuticals shares are trading down 0.0% at $3.47 at the time of this writing on Friday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however ...