Mark G. Papa, Executive Chairman at EOG RESOURCES INC (EOG), sold 50,000 shares at $153.05 ($7.7M) on 2013-08-19, disclosed to the SEC on 2013-08-20.
Seasonal sale ($7.7M) by Executive Chairman — this insider has traded EOG in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $153.05 | 17,467 | $2.7M | 34.9% |
| 2 | $153.17 | 12,623 | $1.9M | 25.3% |
| 3 | $153.17 | 19,910 | $3.0M | 39.8% |
| Total | $153.13 avg | 50,000 | $7.7M | 100% |
| Filing → |
| EOG | SELL | 2013-08-15 | $2.8M | — | Filing → |
| EOG | SELL | 2013-08-13 | $8.0M | — | Filing → |
| EOG | SELL | 2013-05-20 | $6.7M | — | Filing → |