Stephen M. Lacy, Chairman and CEO at MEREDITH CORP (MDP), sold 20,607 shares at $60.92 ($1.3M) on 2017-07-31, disclosed to the SEC on 2017-08-02.
Seasonal sale ($1.3M) by Chairman and CEO — this insider has traded MDP in July in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $60.92 | 10,268 | $626K | 49.8% |
| 2 | $60.92 | 10,268 | $626K | 49.8% |
| 3 | $59.61 | 71 | $4K | 0.3% |
| Total | $60.92 avg | 20,607 | $1.3M | 100% |
| Filing → |
| MDP | SELL | 2017-08-15 | $770K | — | Filing → |
| MDP | SELL | 2016-08-18 | $1.5M | — | Filing → |
| MDP | SELL | 2016-08-02 | $5.0M | — | Filing → |