Royal Energy Resources, Inc. (ROYE) Files Form 4 Insider Selling : Ronald Phillips Sells 700 Shares

Royal Energy Resources, Inc. (ROYE): Ronald Phillips , President of Royal Energy Resources, Inc. sold 700 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $10.50 per share for a total value of $7,350.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 4, 2016, William L Tuorto (director officer 10% owner (Chief Executive Offic) sold 2,418 shares at $10.17 per share price.On Nov 24, 2015, Brian Hughs (Vice President) sold 4,625 shares at $15.98 per share price.Also, On Oct 30, 2015, Ronald Phillips (President & Interim Secretary) sold 10,000 shares at $9.13 per share price.

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