Triangle Capital Director Sells Nearly $1 Million In Stock

4/6/17

By Charlotte Chilton, NC BIZ News

A member of Triangle Capital Corp.’s board of directors sold 49,286 shares of stock, according to a filing with the Securities and Exchange Commission.

W. McComb Dunwoody sold 49,286 shares of common stock at $18.85, receiving $929,495.

Dunwoody is the chief executive officer of the Inverness Group Inc., a private equity investment firm based in Houston.

Dunwoody, who is also a member of Raleigh-based Triangle Capital Corp.’s compensation committee, now owns a total of 106,278 shares.

Triangle Capital’s stock price closed Thursday at $18.59, down 0.11 percent for the day.

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