Stephen M. Lacy, Chairman and CEO at MEREDITH CORP (MDP), sold 21,632 shares at $56.04 ($1.2M) on 2017-08-16, disclosed to the SEC on 2017-08-17.
Seasonal sale ($1.2M) by Chairman and 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 | $56.04 | 10,816 | $606K | 50.0% |
| 2 | $56.04 | 10,816 | $606K | 50.0% |
| Total | $56.04 avg | 21,632 | $1.2M | 100% |
| Filing → |
| MDP | SELL | 2017-08-02 | $1.3M | — | Filing → |
| MDP | SELL | 2016-08-18 | $1.5M | — | Filing → |
| MDP | SELL | 2016-08-02 | $5.0M | — | Filing → |