Most of the activity came from the company's two largest shareholders, Chairman Gary Wilson and former director Alfred Checchi -- the two men who led a buyout of Northwest in 1989.
In Checchi's case, the former Northwest cochairman and director sold most of his stock during the first four months of the year.
In mid-January, Checchi owned 4.7 million shares. By the end of April, when Checchi left the board, he sold 4.1 million shares, leaving him with 630,501 shares plus another 480,465 he owns through a trust. Since January, he sold his shares at prices between $5 and $8.05.
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