Thomas C. Merchant, Executive VP & General Counsel at LEGG MASON, INC. (LM), sold 42,026 shares at $49.83 ($2.1M) on 2020-03-03, disclosed to the SEC on 2020-03-05.
Open-market sale of $2.1M LM by Executive VP & General Counsel. 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 | $49.83 | 21,013 | $1.0M | 50.0% |
| 2 | $49.83 | 21,013 | $1.0M | 50.0% |
| Total | $49.83 avg | 42,026 | $2.1M | 100% |
| Filing → |
| LM | SELL | 2018-05-18 | $197K | — | Filing → |
| LM | SELL | 2017-02-17 | $476K | — | Filing → |