Edwin M. Crawford, Chairman, President & CEO at CAREMARK RX INC (CMX), sold 2,000,000 shares at $52.65 ($103.9M) on 2006-01-09, disclosed to the SEC on 2006-01-11.
Scheduled sale ($103.9M) 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 | $52.65 | 655,000 | $34.5M | 33.2% |
| 2 | $52.13 | 700,000 | $36.5M | 35.1% |
| 3 | $51.04 | 645,000 | $32.9M | 31.7% |
| Total | $51.95 avg | 2,000,000 | $103.9M | 100% |