Stephen M. Lacy, Chairman, President & CEO at MEREDITH CORP (MDP), sold 159,000 shares at $45.98 ($7.3M) on 2014-08-12, disclosed to the SEC on 2014-08-14.
Seasonal sale ($7.3M) by Chairman, President & CEO — this insider has traded MDP in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $45.94 | 29,226 | $1.3M | 18.4% |
| 2 | $45.94 | 97,774 | $4.5M | 61.4% |
| 3 | $45.98 | 16,482 | $758K | 10.4% |
| 4 | $46.49 | 15,518 | $721K | 9.9% |
| Total | $46.00 avg | 159,000 | $7.3M | 100% |
| Filing → |
| MDP | SELL | 2017-08-15 | $770K | — | Filing → |
| MDP | SELL | 2017-08-02 | $1.3M | — | Filing → |
| MDP | SELL | 2016-08-18 | $1.5M | — | Filing → |