James W. Farnsworth, Chief Exploration Officer at Cobalt International Energy, Inc. (CIE), sold 165,000 shares at $27.53 ($4.5M) on 2012-12-05, disclosed to the SEC on 2012-12-07.
Scheduled sale ($4.5M) by Chief Exploration Officer 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 | $26.25 | 50,000 | $1.3M | 29.3% |
| 2 | $27.53 | 115,000 | $3.2M | 70.7% |
| Total | $27.14 avg | 165,000 | $4.5M | 100% |
| Filing → |
| CIE | SELL | 2014-12-23 | $279K | — | Filing → |
| CIE | SELL | 2014-05-05 | $488K | — | Filing → |
| CIE | SELL | 2013-02-25 | $53K | — | Filing → |