Marcos Galperin, President, CEO and Secretary, 10% Owner at MERCADOLIBRE INC (MELI), sold 376,994 shares at $41.62 ($14.8M) on 2008-06-09, disclosed to the SEC on 2008-06-11.
Scheduled sale ($14.8M) by President, CEO and Secretary, 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $41.62 | 96,895 | $4.0M | 27.3% |
| 2 | $38.40 | 280,099 | $10.8M | 72.7% |
| Total | $39.23 avg | 376,994 | $14.8M | 100% |
| Filing → |
| MELI | SELL | 2009-11-25 | $4.8M | — | Filing → |
| MELI | SELL | 2007-08-30 | $4.6M | — | Filing → |
| MELI | SELL | 2007-08-30 | $30.7M | — | Filing → |