Standard General Fund L.P., 10% Owner, See Footnote 3 at MEDIA GENERAL INC (MEG), sold 18,297,060 shares at $16.51 ($231.1M) on 2016-03-04, disclosed to the SEC on 2016-03-07.
Open-market sale of $231.1M MEG by 10% Owner, See Footnote 3. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.00 | 4,297,060 | $0 | 0.0% |
| 2 | $16.51 | 7,000,000 | $115.6M | 50.0% |
| 3 | $16.51 | 7,000,000 | $115.6M | 50.0% |
| Total | $12.63 avg | 18,297,060 | $231.1M | 100% |