Bill Zolars, chairman, president & CEO of Yellow Roadway Corp., has adopted a stock trading plan in accordance with the Securities Act of 1934.
Under the plan, Zollars can trade up to 126,000 shares of the 397,417 shares he currently holds.
Under Rule 10b5-1 of the Securities Act, senior management is permitted to establish stock trading plans for the orderly sale of predetermined amounts of securities. Such plans may be initiated only when officers and directors are not in possession of non-public information.
