Peter W. May, Director, 10% Owner at Wendy's Co (WEN), sold 3,321,584 shares at $16.53 ($54.5M) on 2018-05-15, disclosed to the SEC on 2018-05-16.
Seasonal sale ($54.5M) by Director, 10% Owner — this insider has traded WEN in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $16.41 | 725,000 | $11.9M | 21.8% |
| 2 | $16.53 | 764,000 | $12.6M | 23.2% |
| 3 | $16.36 | 916,292 | $15.0M | 27.5% |
| 4 | $16.36 | 916,292 | $15.0M | 27.5% |
| Total | $16.41 avg | 3,321,584 | $54.5M | 100% |
| Filing → |
| WEN | SELL | 2023-03-03 | $160.0M | — | Filing → |
| MDLZ | SELL | 2021-12-09 | $183.6M | — | Filing → |
| MDLZ | SELL | 2021-12-01 | $35.0M | — | Filing → |