Resources Oil & Gas Co Lp Burlington, 10% Owner at PERMIAN BASIN ROYALTY TRUST (PBT), sold 9,707,000 shares at $15.75 ($152.9M) on 2006-01-19, disclosed to the SEC on 2006-03-09.
Open-market sale of $152.9M PBT by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $15.45 | 100,000 | $1.5M | 1.0% |
| 2 | $15.75 | 8,600,000 | $135.4M | 88.6% |
| 3 | $15.75 | 1,007,000 | $15.9M | 10.4% |
| Total | $15.75 avg | 9,707,000 | $152.9M | 100% |