Erik Gershwind, President and CEO at MSC INDUSTRIAL DIRECT CO INC (MSM), sold 20,334 shares at $84.50 ($1.7M) on 2014-01-09, disclosed to the SEC on 2014-01-13.
Seasonal sale ($1.7M) by President and CEO — this insider has traded MSM in January in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $84.50 | 2,000 | $169K | 9.8% |
| 2 | $85.24 | 18,334 | $1.6M | 90.2% |
| Total | $85.17 avg | 20,334 | $1.7M | 100% |
| Filing → |
| MSM | SELL | 2024-01-22 | $10.3M | — | Filing → |
| MSM | SELL | 2024-01-17 | $720K | — | Filing → |
| MSM | SELL | 2023-11-06 | $2.7M | — | Filing → |