Lawrence I. Sills, Executive Chairman at STANDARD MOTOR PRODUCTS INC (SMP), sold 50,834 shares at $44.17 ($2.2M) on 2017-08-31, disclosed to the SEC on 2017-09-01.
Seasonal sale ($2.2M) by Executive Chairman — this insider has traded SMP in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $44.17 | 14,061 | $621K | 27.6% |
| 2 | $44.17 | 14,061 | $621K | 27.6% |
| 3 | $44.30 | 11,356 | $503K | 22.4% |
| 4 | $44.30 | 11,356 | $503K | 22.4% |
| Total | $44.23 avg | 50,834 | $2.2M | 100% |
| Filing → |
| SMP | BUY | 2022-03-08 | $43K | — | Filing → |
| SMP | BUY | 2022-03-04 | $330K | — | Filing → |
| SMP | BUY | 2022-02-28 | $732K | — | Filing → |