Larry Alberson Lutz, EVP, Chief Marketing Officer at FIRST MARBLEHEAD CORP (FMD), sold 19,980 shares at $52.71 ($1.1M) on 2006-09-01, disclosed to the SEC on 2006-09-05.
Open-market sale of $1.1M FMD by EVP, Chief Marketing 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 | $52.51 | 2,000 | $105K | 10.0% |
| 2 | $52.54 | 100 | $5K | 0.5% |
| 3 | $52.54 | 2,000 | $105K | 10.0% |
| 4 | $52.55 | 1,600 | $84K | 8.0% |
| 5 | $52.55 | 980 | $51K | 4.9% |
| 6 | $52.55 | 2,230 |
| $117K |
| 11.2% |
| 7 | $52.56 | 400 | $21K | 2.0% |
| 8 | $52.58 | 2,400 | $126K | 12.0% |
| 9 | $52.59 | 2,000 | $105K | 10.0% |
| 10 | $52.64 | 1,100 | $58K | 5.5% |
| 11 | $52.66 | 2,000 | $105K | 10.0% |
| 12 | $52.71 | 170 | $9K | 0.9% |
| 13 | $52.72 | 1,000 | $53K | 5.0% |
| 14 | $52.73 | 2,000 | $105K | 10.0% |
| Total | $52.60 avg | 19,980 | $1.1M | 100% |