Thomas B. Hallman, Vice Chairman, Specialty Fin at CIT GROUP INC (CIT), sold 45,040 shares at $52.60 ($2.4M) on 2006-02-01, disclosed to the SEC on 2006-02-03.
Scheduled sale ($2.4M) by Vice Chairman, Specialty Fin 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 | $52.25 | 4,500 | $235K | 9.9% |
| 2 | $52.30 | 10,500 | $549K | 23.2% |
| 3 | $52.35 | 5,800 | $304K | 12.8% |
| 4 | $52.36 | 200 | $10K | 0.4% |
| 5 | $52.40 | 4,200 | $220K | 9.3% |
| 6 | $52.50 | 6,300 |
| $331K |
| 14.0% |
| 7 | $52.60 | 2,300 | $121K | 5.1% |
| 8 | $52.65 | 500 | $26K | 1.1% |
| 9 | $52.66 | 700 | $37K | 1.6% |
| 10 | $52.85 | 10,040 | $531K | 22.4% |
| Total | $52.49 avg | 45,040 | $2.4M | 100% |
| Filing → |
| CIT | SELL | 2007-05-07 | $800K | — | Filing → |
| CIT | BUY | 2007-03-30 | $13K | — | Filing → |
| CIT | SELL | 2007-02-05 | $821K | — | Filing → |