Roy V. Armes, COB, President & CEO at COOPER TIRE & RUBBER CO (CTB), sold 184,048 shares at $40.10 ($7.3M) on 2016-02-26, disclosed to the SEC on 2016-03-01.
Seasonal sale ($7.3M) by COB, President & CEO — this insider has traded CTB in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $40.10 | 54,055 | $2.2M | 29.5% |
| 2 | $40.10 | 54,055 | $2.2M | 29.5% |
| 3 | $39.66 | 37,969 | $1.5M | 20.5% |
| 4 | $39.66 | 37,969 | $1.5M | 20.5% |
| Total | $39.92 avg | 184,048 | $7.3M | 100% |
| Filing → |
| CTB | SELL | 2015-11-06 | $5.7M | — | Filing → |
| CTB | SELL | 2015-06-02 | $3.5M | — | Filing → |
| CTB | SELL | 2015-03-05 | $4.0M | — | Filing → |