Erik Gershwind, President and CEO at MSC INDUSTRIAL DIRECT CO INC (MSM), sold 106,878 shares at $96.15 ($10.3M) on 2024-01-18, disclosed to the SEC on 2024-01-22.
Seasonal sale ($10.3M) by President and CEO — this insider has traded MSM in January in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $96.15 | 15,000 | $1.4M | 14.0% |
| 2 | $96.71 | 45,939 | $4.4M | 43.0% |
| 3 | $96.71 | 45,939 | $4.4M | 43.0% |
| Total | $96.63 avg | 106,878 | $10.3M | 100% |
| Filing → |
| MSM | SELL | 2024-01-17 | $720K | — | Filing → |
| MSM | SELL | 2023-11-06 | $2.7M | — | Filing → |
| MSM | SELL | 2022-11-23 | $4.3M | — | Filing → |