Mark S. Newman, Chairman, President & CEO at DRS TECHNOLOGIES INC (DRS), sold 15,000 shares at $59.70 ($899K) on 2007-11-29, disclosed to the SEC on 2007-11-30.
Scheduled sale ($899k) by Chairman, President & CEO 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 | $59.70 | 600 | $36K | 4.0% |
| 2 | $59.71 | 800 | $48K | 5.3% |
| 3 | $59.72 | 600 | $36K | 4.0% |
| 4 | $59.73 | 600 | $36K | 4.0% |
| 5 | $59.74 | 200 | $12K | 1.3% |
| 6 | $59.75 | 100 |
| $6K |
| 0.7% |
| 7 | $59.76 | 1,100 | $66K | 7.3% |
| 8 | $59.77 | 1,300 | $78K | 8.6% |
| 9 | $59.92 | 300 | $18K | 2.0% |
| 10 | $59.93 | 1,800 | $108K | 12.0% |
| 11 | $59.94 | 1,200 | $72K | 8.0% |
| 12 | $59.95 | 200 | $12K | 1.3% |
| 13 | $59.96 | 200 | $12K | 1.3% |
| 14 | $59.98 | 1,100 | $66K | 7.3% |
| 15 | $59.99 | 700 | $42K | 4.7% |
| 16 | $60.00 | 200 | $12K | 1.3% |
| 17 | $60.02 | 1,000 | $60K | 6.7% |
| 18 | $60.04 | 700 | $42K | 4.7% |
| 19 | $60.05 | 600 | $36K | 4.0% |
| 20 | $60.07 | 500 | $30K | 3.3% |
| 21 | $60.10 | 500 | $30K | 3.3% |
| 22 | $60.13 | 700 | $42K | 4.7% |
| Total | $59.91 avg | 15,000 | $899K | 100% |
| Filing → |
| DRS | SELL | 2007-11-02 | $516K | — | Filing → |
| DRS | SELL | 2007-10-01 | $434K | — | Filing → |
| DRS | SELL | 2007-10-01 | $514K | — | Filing → |