Michael S. McGavick, Chief Executive Officer at XL GROUP LTD (XL), sold 494,072 shares at $38.00 ($18.8M) on 2016-12-23, disclosed to the SEC on 2016-12-28.
Open-market sale of $18.8M XL by Chief Executive Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $38.00 | 91,000 | $3.5M | 18.4% |
| 2 | $38.12 | 200,000 | $7.6M | 40.5% |
| 3 | $38.12 | 200,000 | $7.6M | 40.5% |
| 4 | $38.00 | 3,072 | $117K | 0.6% |
| Total | $38.10 avg | 494,072 | $18.8M | 100% |
| Filing → |
| XL | BUY | 2012-02-21 | $501K | — | Filing → |
| XL | BUY | 2008-07-31 | $2.0M | — | Filing → |