Harold Cramer, Director at PENN NATIONAL GAMING INC (PENN), sold 140,000 shares at $55.51 ($7.8M) on 2013-10-02, disclosed to the SEC on 2013-10-03.
Scheduled sale ($7.8M) by Director 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 | $55.86 | 65,619 | $3.7M | 47.1% |
| 2 | $55.51 | 52,981 | $2.9M | 37.8% |
| 3 | $55.07 | 21,400 | $1.2M | 15.1% |
| Total | $55.61 avg | 140,000 | $7.8M | 100% |
| Filing → |
| PENN | BUY | 2008-10-28 | $12K | — | Filing → |
| PENN | SELL | 2006-10-17 | $1.2M | — | Filing → |