Peter Nachtwey, Senior Executive VP & CFO at LEGG MASON, INC. (LM), sold 203,442 shares at $49.83 ($10.1M) on 2020-03-04, disclosed to the SEC on 2020-03-06.
Open-market sale of $10.1M LM by Senior Executive VP & CFO. 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 | $49.80 | 39,982 | $2.0M | 19.6% |
| 2 | $49.80 | 39,982 | $2.0M | 19.6% |
| 3 | $49.83 | 61,739 | $3.1M | 30.4% |
| 4 | $49.83 | 61,739 | $3.1M | 30.4% |
| Total | $49.82 avg | 203,442 | $10.1M | 100% |
| Filing → |
| LM | SELL | 2019-05-17 | $664K | — | Filing → |
| LM | BUY | 2016-01-26 | $598K | — | Filing → |