Ian M. Cumming, Chairman of the Board, 10% Owner at LEUCADIA NATIONAL CORP (LUK), sold 438,625 shares at $25.13 ($11.2M) on 2009-10-16, disclosed to the SEC on 2009-10-19.
Scheduled sale ($11.2M) by Chairman of the Board, 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 | $25.80 | 261,800 | $6.8M | 60.3% |
| 2 | $25.13 | 176,825 | $4.4M | 39.7% |
| Total | $25.53 avg | 438,625 | $11.2M | 100% |
| Filing → |
| LUK | SELL | 2009-10-21 | $3.7M | — | Filing → |
| LUK | SELL | 2009-10-15 | $10.6M | — | Filing → |
| ACF | BUY | 2009-08-17 | $5.0M | — | Filing → |