Michael D. Barnello, President and CEO at LaSalle Hotel Properties (LHO), sold 150,000 shares at $28.45 ($4.3M) on 2016-08-25, disclosed to the SEC on 2016-08-29.
Open-market sale of $4.3M LHO by President and CEO. 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 | $28.45 | 125,000 | $3.6M | 83.2% |
| 2 | $28.71 | 25,000 | $718K | 16.8% |
| Total | $28.49 avg | 150,000 | $4.3M | 100% |