Michael J. Balduino, Senior Vice President at INTERNATIONAL PAPER CO /NEW/ (IP), sold 4,495 shares at $30.29 ($136K) on 2008-09-12, disclosed to the SEC on 2008-09-15.
Open-market sale of $136k IP by Senior Vice President. 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.