Mark S. Newman, Chairman, President & CEO at DRS TECHNOLOGIES INC (DRS), sold 5,100 shares at $50.75 ($258K) on 2007-04-30, disclosed to the SEC on 2007-05-02.
Scheduled sale ($258k) by Chairman, President & CEO 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 | $50.49 | 500 | $25K | 9.8% |
| 2 | $50.50 | 800 | $40K | 15.7% |
| 3 | $50.51 | 1,000 | $51K | 19.6% |
| 4 | $50.52 | 100 | $5K | 2.0% |
| 5 | $50.54 | 100 | $5K | 2.0% |
| 6 | $50.55 | 100 |
| $5K |
| 2.0% |
| 7 | $50.56 | 200 | $10K | 3.9% |
| 8 | $50.57 | 100 | $5K | 2.0% |
| 9 | $50.59 | 100 | $5K | 2.0% |
| 10 | $50.62 | 200 | $10K | 3.9% |
| 11 | $50.63 | 200 | $10K | 3.9% |
| 12 | $50.66 | 100 | $5K | 2.0% |
| 13 | $50.67 | 300 | $15K | 5.9% |
| 14 | $50.68 | 300 | $15K | 5.9% |
| 15 | $50.70 | 100 | $5K | 2.0% |
| 16 | $50.71 | 300 | $15K | 5.9% |
| 17 | $50.72 | 100 | $5K | 2.0% |
| 18 | $50.75 | 200 | $10K | 3.9% |
| 19 | $50.77 | 100 | $5K | 2.0% |
| 20 | $50.78 | 200 | $10K | 3.9% |
| Total | $50.59 avg | 5,100 | $258K | 100% |
| Filing → |
| DRS | SELL | 2007-11-02 | $429K | — | Filing → |
| DRS | SELL | 2007-11-02 | $516K | — | Filing → |
| DRS | SELL | 2007-10-01 | $514K | — | Filing → |