Larry Alberson Lutz, EVP, Chief Marketing Officer at FIRST MARBLEHEAD CORP (FMD), sold 15,000 shares at $48.40 ($725K) on 2006-05-04, disclosed to the SEC on 2006-05-08.
Open-market sale of $725k FMD by EVP, Chief Marketing Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $48.20 | 1,000 | $48K | 6.6% |
| 2 | $48.21 | 2,500 | $121K | 16.6% |
| 3 | $48.22 | 3,000 | $145K | 19.9% |
| 4 | $48.22 | 500 | $24K | 3.3% |
| 5 | $48.25 | 500 | $24K | 3.3% |
| 6 | $48.40 | 500 |
| $24K |
| 3.3% |
| 7 | $48.40 | 1,200 | $58K | 8.0% |
| 8 | $48.40 | 300 | $15K | 2.0% |
| 9 | $48.41 | 800 | $39K | 5.3% |
| 10 | $48.43 | 200 | $10K | 1.3% |
| 11 | $48.46 | 500 | $24K | 3.3% |
| 12 | $48.47 | 500 | $24K | 3.3% |
| 13 | $48.51 | 700 | $34K | 4.7% |
| 14 | $48.54 | 300 | $15K | 2.0% |
| 15 | $48.57 | 1,000 | $49K | 6.7% |
| 16 | $48.60 | 1,000 | $49K | 6.7% |
| 17 | $48.62 | 500 | $24K | 3.4% |
| Total | $48.35 avg | 15,000 | $725K | 100% |