Thomas B. Hallman, Vice Chairman, Specialty Fin at CIT GROUP INC (CIT), sold 45,040 shares at $53.10 ($2.4M) on 2006-05-01, disclosed to the SEC on 2006-05-02.
Scheduled sale ($2.4M) 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 | $53.10 | 17,700 | $940K | 39.1% |
| 2 | $53.15 | 12,500 | $664K | 27.7% |
| 3 | $53.16 | 200 | $11K | 0.4% |
| 4 | $53.17 | 2,000 | $106K | 4.4% |
| 5 | $53.23 | 200 | $11K | 0.4% |
| 6 | $53.26 | 200 |
| $11K |
| 0.4% |
| 7 | $53.27 | 400 | $21K | 0.9% |
| 8 | $53.28 | 400 | $21K | 0.9% |
| 9 | $53.35 | 800 | $43K | 1.8% |
| 10 | $53.38 | 200 | $11K | 0.4% |
| 11 | $53.40 | 1,000 | $53K | 2.2% |
| 12 | $53.52 | 600 | $32K | 1.3% |
| 13 | $53.57 | 200 | $11K | 0.4% |
| 14 | $53.64 | 200 | $11K | 0.4% |
| 15 | $53.71 | 200 | $11K | 0.4% |
| 16 | $53.84 | 200 | $11K | 0.4% |
| 17 | $53.95 | 400 | $22K | 0.9% |
| 18 | $53.96 | 2,540 | $137K | 5.7% |
| 19 | $54.00 | 700 | $38K | 1.6% |
| 20 | $54.04 | 200 | $11K | 0.5% |
| 21 | $54.05 | 700 | $38K | 1.6% |
| 22 | $54.09 | 900 | $49K | 2.0% |
| 23 | $54.10 | 1,000 | $54K | 2.3% |
| 24 | $54.16 | 700 | $38K | 1.6% |
| 25 | $54.17 | 900 | $49K | 2.0% |
| Total | $53.32 avg | 45,040 | $2.4M | 100% |
| Filing → |
| CIT | SELL | 2007-05-07 | $800K | — | Filing → |
| CIT | BUY | 2007-03-30 | $13K | — | Filing → |
| CIT | SELL | 2007-02-05 | $821K | — | Filing → |