David Sandler, CEO at MSC INDUSTRIAL DIRECT CO INC (MSM), sold 73,689 shares at $82.43 ($6.0M) on 2012-04-05, disclosed to the SEC on 2012-04-06.
Seasonal sale ($6.0M) by CEO — this insider has traded MSM in April in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $81.85 | 10,900 | $892K | 14.8% |
| 2 | $81.85 | 43,485 | $3.6M | 58.9% |
| 3 | $82.43 | 3,872 | $319K | 5.3% |
| 4 | $82.43 | 15,432 | $1.3M | 21.1% |
| Total | $82.00 avg | 73,689 | $6.0M | 100% |
| Filing → |
| MSM | SELL | 2014-01-16 | $327K | — | Filing → |
| MSM | SELL | 2014-01-15 | $1.7M | — | Filing → |
| MSM | SELL | 2014-01-13 | $995K | — | Filing → |