Peter M. Musumeci Jr., Executive Vice President at COMMERCE BANCORP INC /NJ/ (CBH), sold 433,963 shares at $36.24 ($15.7M) on 2008-03-11, disclosed to the SEC on 2008-03-12.
Open-market sale of $15.7M CBH by Executive Vice President. 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 | $36.16 | 15,350 | $555K | 3.5% |
| 2 | $36.24 | 312,500 | $11.3M | 72.0% |
| 3 | $36.37 | 106,113 | $3.9M | 24.5% |
| Total | $36.27 avg | 433,963 | $15.7M | 100% |
| Filing → |
| CBH | SELL | 2007-11-01 | $3.8M | — | Filing → |
| CBH | SELL | 2007-01-11 | $100K | — | Filing → |
| CBH | SELL | 2006-12-08 | $2.4M | — | Filing → |