Thomas B. Hallman, Vice Chairman, Specialty Fin at CIT GROUP INC (CIT), sold 4,700 shares at $58.72 ($276K) on 2007-02-01, disclosed to the SEC on 2007-02-05.
Scheduled sale ($276k) 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 | $58.72 | 500 | $29K | 10.6% |
| 2 | $58.73 | 600 | $35K | 12.8% |
| 3 | $58.74 | 300 | $18K | 6.4% |
| 4 | $58.75 | 1,400 | $82K | 29.8% |
| 5 | $58.76 | 1,500 | $88K | 31.9% |
| 6 | $58.78 | 200 |
| $12K |
| 4.3% |
| 7 | $58.84 | 100 | $6K | 2.1% |
| 8 | $58.85 | 100 | $6K | 2.1% |
| Total | $58.75 avg | 4,700 | $276K | 100% |
| Filing → |
| CIT | SELL | 2007-05-07 | $800K | — | Filing → |
| CIT | BUY | 2007-03-30 | $13K | — | Filing → |
| CIT | SELL | 2007-02-05 | $821K | — | Filing → |