Jeffrey L. Bewkes, Chairman of the Board and CEO at TIME WARNER INC. (TWX), sold 324,416 shares at $52.39 ($17.0M) on 2013-02-08, disclosed to the SEC on 2013-02-12.
Scheduled sale ($17.0M) by Chairman of the Board and CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $52.39 | 216,642 | $11.3M | 66.7% |
| 2 | $52.57 | 25,741 | $1.4M | 8.0% |
| 3 | $52.57 | 82,033 | $4.3M | 25.3% |
| Total | $52.45 avg | 324,416 | $17.0M | 100% |
| Filing → |
| TWX | SELL | 2016-05-10 | $40.5M | — | Filing → |
| TWX | SELL | 2016-02-19 | $31.2M | — | Filing → |
| TWX | SELL | 2014-12-02 | $15.9M | — | Filing → |