R. Scott Trumbull, Chairman and CEO at FRANKLIN ELECTRIC CO INC (FELE), sold 35,000 shares at $43.57 ($1.5M) on 2014-02-28, disclosed to the SEC on 2014-03-03.
Seasonal sale ($1.5M) by Chairman and CEO — this insider has traded FELE 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 | $43.01 | 15,100 | $649K | 42.8% |
| 2 | $43.57 | 19,900 | $867K | 57.2% |
| Total | $43.33 avg | 35,000 | $1.5M | 100% |
| Filing → |
| FELE | SELL | 2015-03-04 | $728K | — | Filing → |
| FELE | SELL | 2014-11-13 | $597K | — | Filing → |
| FELE | SELL | 2014-11-12 | $154K | — | Filing → |