Jeffrey L. Bewkes, Chairman of the Board and CEO at TIME WARNER INC. (TWX), sold 345,864 shares at $96.39 ($33.3M) on 2017-02-21, disclosed to the SEC on 2017-02-22.
Seasonal sale ($33.3M) by Chairman of the Board and CEO — this insider has traded TWX in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $96.39 | 172,932 | $16.7M | 50.0% |
| 2 | $96.39 | 172,932 | $16.7M | 50.0% |
| Total | $96.39 avg | 345,864 | $33.3M | 100% |
| Filing → |
| TWX | SELL | 2016-02-19 | $31.2M | — | Filing → |
| TWX | SELL | 2014-12-02 | $15.9M | — | Filing → |
| TWX | SELL | 2014-02-11 | $10.5M | — | Filing → |