Gayle Burleson, SVP of Business Development at CONCHO RESOURCES INC (CXO), sold 3,600 shares at $140.82 ($507K) on 2018-09-12, disclosed to the SEC on 2018-09-13.
Open-market sale of $507k CXO by SVP of Business Development. 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.