Action against Respondents, a senior director of health and safety at an oilfield services company and his neighbor, for alleged insider trading. According to the SEC, Respondent director told his neighbor about an upcoming acquisition of his company before the transaction occurred. The SEC alleges that the neighbor then traded while in possession of this material nonpublic information and tipped another unnamed trader. Respondent director has agreed to pay a civil penalty of $85,000. Respondent neighbor has agreed to pay disgorgement of $126,835.35, prejudgment interest of $10,955.89, and a civil penalty of $136,460.35.