National Security Group Inc (NSEC) Files Form 4 Insider Selling : Fred Jr Clark Sells 10,000 Shares

National Security Group Inc (NSEC): Fred Jr Clark , director of National Security Group Inc sold 10,000 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $15.21 per share for a total value of $152,100.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 8, 2016, Fred Jr Clark (director) purchased 30,000 shares at $15.30 per share price.On Dec 23, 2015, Brian R Mcleod (CFO) purchased 2,120 shares at $14.96 per share price.Also, On May 19, 2015, Donald S Pittman (director) purchased 942 shares at $15.67 per share price.On Apr 22, 2015, William L Jr Brunson (President/CEO) sold 6,000 shares at $15.93 per share price.

The National Security Group Inc. (NSG) is an insurance holding company. The Company through its three wholly owned subsidiaries operates in two industry segments: property and casualty insurance and life insurance. The property and casualty subsidiaries of the Company are National Security Fire and Casualty (NSFC) and Omega One Insurance Company (Omega) which writes personal lines dwelling coverage including dwelling fire and windstorm homeowners and mobile homeowner’s lines of insurance in ten states. The Company’s life insurance subsidiary National Security Insurance Company (NSIC) offers a line of life and health and accident insurance products in seven states. Its assets and investments are held in the operating insurance companies. The Company’s investment income consists of interest and dividend income on debt and equity securities and realized capital gains and losses generated by debt and equity securities.

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