Randolph L. Marten, Chairman of the Board and CEO at MARTEN TRANSPORT LTD (MRTN), sold 80,000 shares at $19.25 ($1.5M) on 2016-05-23, disclosed to the SEC on 2016-05-25.
Seasonal sale ($1.5M) by Chairman of the Board and CEO — this insider has traded MRTN in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $19.25 | 6,910 | $133K | 8.6% |
| 2 | $19.25 | 6,910 | $133K | 8.6% |
| 3 | $19.28 | 33,090 | $638K | 41.4% |
| 4 | $19.28 | 33,090 | $638K | 41.4% |
| Total | $19.27 avg | 80,000 | $1.5M | 100% |
| Filing → |
| MRTN | SELL | 2020-04-30 | $1.5M | — | Filing → |
| MRTN | SELL | 2019-02-12 | $351K | — | Filing → |
| MRTN | SELL | 2019-02-07 | $3.4M | — | Filing → |