David I. Rainer, Chairman & CEO at CU Bancorp (CUNB), sold 56,000 shares at $28.67 ($1.6M) on 2016-12-05, disclosed to the SEC on 2016-12-05.
Scheduled sale ($1.6M) by Chairman & CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $27.85 | 38,000 | $1.1M | 67.6% |
| 2 | $27.88 | 11,000 | $307K | 19.6% |
| 3 | $28.67 | 7,000 | $201K | 12.8% |
| Total | $27.96 avg | 56,000 | $1.6M | 100% |
| Filing → |
| CUNB | SELL | 2015-10-28 | $244K | — | Filing → |
| CUNB | SELL | 2014-03-05 | $512K | — | Filing → |
| CUNB | SELL | 2014-03-03 | $68K | — | Filing → |