Erik Gershwind, President and CEO at MSC INDUSTRIAL DIRECT CO INC (MSM), sold 32,425 shares at $97.91 ($3.2M) on 2023-11-03, disclosed to the SEC on 2023-11-06.
Seasonal sale ($3.2M) by President and CEO — this insider has traded MSM in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $97.91 | 13,599 | $1.3M | 41.9% |
| 2 | $97.91 | 13,599 | $1.3M | 41.9% |
| 3 | $97.78 | 2,603 | $255K | 8.0% |
| 4 | $97.78 | 2,624 | $257K | 8.1% |
| Total | $97.89 avg | 32,425 | $3.2M | 100% |
| Filing → |
| MSM | SELL | 2024-01-22 | $10.3M | — | Filing → |
| MSM | SELL | 2024-01-17 | $720K | — | Filing → |
| MSM | SELL | 2022-11-23 | $4.3M | — | Filing → |