Brent D. Richardson, Executive Chairman at Grand Canyon Education, Inc. (LOPE), sold 50,000 shares at $21.22 ($1.1M) on 2012-07-03, disclosed to the SEC on 2012-07-03.
Scheduled sale ($1.1M) by Executive Chairman 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 | $20.99 | 30,000 | $630K | 59.7% |
| 2 | $21.22 | 20,000 | $424K | 40.3% |
| Total | $21.08 avg | 50,000 | $1.1M | 100% |
| Filing → |
| LOPE | SELL | 2012-09-10 | $1.2M | — | Filing → |
| LOPE | SELL | 2012-09-06 | $972K | — | Filing → |
| LOPE | SELL | 2012-09-05 | $972K | — | Filing → |