Daniel Maxwell Meyers, 10% Owner at FIRST MARBLEHEAD CORP (FMD), sold 1,010,460 shares at $31.60 ($31.6M) on 2006-01-09, disclosed to the SEC on 2006-01-11.
Open-market sale of $31.6M FMD by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.00 | 3,060 | $0 | 0.0% |
| 2 | $0.00 | 7,400 | $0 | 0.0% |
| 3 | $31.60 | 1,000,000 | $31.6M | 100.0% |
| Total | $31.27 avg | 1,010,460 | $31.6M | 100% |