Stephen M. Lacy, Chairman, President & CEO at MEREDITH CORP (MDP), sold 89,411 shares at $54.13 ($4.8M) on 2016-08-17, disclosed to the SEC on 2016-08-18.
Seasonal sale ($4.8M) 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 | $54.01 | 3,809 | $206K | 4.3% |
| 2 | $54.01 | 3,809 | $206K | 4.3% |
| 3 | $54.01 | 61,191 | $3.3M | 68.4% |
| 4 | $54.13 | 10,301 | $558K | 11.5% |
| 5 | $54.13 | 10,301 | $558K | 11.5% |
| Total | $54.04 avg | 89,411 |
| $4.8M |
| 100% |
| Filing → |
| MDP | SELL | 2017-08-15 | $770K | — | Filing → |
| MDP | SELL | 2017-08-02 | $1.3M | — | Filing → |
| MDP | SELL | 2016-08-02 | $5.0M | — | Filing → |