Mellanox (MLNX -6.4%) is having a rough day after announcing CEO Eyal Waldman and CFO Michael...

|About: Mellanox Technologies, Ltd. (MLNX)|By:, SA News Editor

Mellanox (MLNX -6.4%) is having a rough day after announcing CEO Eyal Waldman and CFO Michael Gray have adopted Rule 10b5-1 trading plans. Waldman's plan will allow him to sell (through a general partnership) 169.1K shares starting in January, and Gray's plan will allow him to sell 55.5K shares. Mellanox was crushed last week after providing soft Q4 guidance, though shares are still up over 100% YTD. (PR)