Thomas B. Hallman, Vice Chairman, Specialty Fin at CIT GROUP INC (CIT), sold 39,700 shares at $59.17 ($2.3M) on 2007-05-03, disclosed to the SEC on 2007-05-07.
Scheduled sale ($2.3M) by Vice Chairman, Specialty Fin under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $59.00 | 1,000 | $59K | 2.5% |
| 2 | $59.01 | 600 | $35K | 1.5% |
| 3 | $59.02 | 900 | $53K | 2.3% |
| 4 | $59.03 | 800 | $47K | 2.0% |
| 5 | $59.04 | 200 | $12K | 0.5% |
| 6 | $59.05 | 2,100 |
| $124K |
| 5.3% |
| 7 | $59.06 | 300 | $18K | 0.8% |
| 8 | $59.07 | 1,100 | $65K | 2.8% |
| 9 | $59.08 | 1,000 | $59K | 2.5% |
| 10 | $59.09 | 200 | $12K | 0.5% |
| 11 | $59.10 | 1,600 | $95K | 4.0% |
| 12 | $59.11 | 12,800 | $757K | 32.2% |
| 13 | $59.12 | 1,500 | $89K | 3.8% |
| 14 | $59.13 | 600 | $35K | 1.5% |
| 15 | $59.14 | 900 | $53K | 2.3% |
| 16 | $59.15 | 400 | $24K | 1.0% |
| 17 | $59.16 | 400 | $24K | 1.0% |
| 18 | $59.17 | 1,400 | $83K | 3.5% |
| 19 | $59.18 | 400 | $24K | 1.0% |
| 20 | $59.19 | 3,500 | $207K | 8.8% |
| 21 | $59.20 | 200 | $12K | 0.5% |
| 22 | $59.21 | 900 | $53K | 2.3% |
| 23 | $59.22 | 800 | $47K | 2.0% |
| 24 | $59.23 | 800 | $47K | 2.0% |
| 25 | $59.24 | 500 | $30K | 1.3% |
| 26 | $59.25 | 2,700 | $160K | 6.8% |
| 27 | $59.26 | 1,300 | $77K | 3.3% |
| 28 | $59.27 | 600 | $36K | 1.5% |
| 29 | $59.27 | 200 | $12K | 0.5% |
| Total | $59.13 avg | 39,700 | $2.3M | 100% |
| Filing → |
| CIT | BUY | 2007-03-30 | $13K | — | Filing → |
| CIT | SELL | 2007-02-05 | $276K | — | Filing → |
| CIT | SELL | 2007-02-05 | $2.2M | — | Filing → |