Stephen M. Lacy, Chairman, President & CEO at MEREDITH CORP (MDP), sold 92,566 shares at $54.15 ($5.0M) on 2016-08-01, disclosed to the SEC on 2016-08-02.
Seasonal sale ($5.0M) by Chairman, President & CEO — this insider has traded MDP 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 | $54.15 | 46,283 | $2.5M | 50.0% |
| 2 | $54.15 | 46,283 | $2.5M | 50.0% |
| Total | $54.15 avg | 92,566 | $5.0M | 100% |
| Filing → |
| MDP | SELL | 2017-08-15 | $770K | — | Filing → |
| MDP | SELL | 2017-08-02 | $1.3M | — | Filing → |
| MDP | SELL | 2016-08-18 | $1.5M | — | Filing → |