Frank C. Lin, CEO and Chairman, 10% Owner at TRIDENT MICROSYSTEMS INC (TRID), sold 80,000 shares at $28.08 ($2.2M) on 2006-02-23, disclosed to the SEC on 2006-02-24.
Scheduled sale ($2.2M) by CEO and Chairman, 10% Owner 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 | $28.04 | 30,000 | $841K | 37.6% |
| 2 | $28.08 | 25,000 | $702K | 31.4% |
| 3 | $27.82 | 25,000 | $696K | 31.1% |
| Total | $27.98 avg | 80,000 | $2.2M | 100% |
| Filing → |
| TRID | SELL | 2006-03-08 | $2.7M | — | Filing → |
| TRID | SELL | 2006-03-06 | $2.9M | — | Filing → |
| TRID | SELL | 2006-03-02 | $2.9M | — | Filing → |