John T. Standley, Chairman/CEO at RITE AID CORP (RAD), sold 1,200,000 shares at $6.48 ($7.5M) on 2014-02-19, disclosed to the SEC on 2014-02-20.
Scheduled sale ($7.5M) by Chairman/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 | $5.98 | 600,000 | $3.6M | 48.0% |
| 2 | $6.48 | 600,000 | $3.9M | 52.0% |
| Total | $6.23 avg | 1,200,000 | $7.5M | 100% |
| Filing → |
| SVU | BUY | 2013-11-12 | $51K | — | Filing → |