Valli F. Baldassano, Executive VP, Chief Compliance Officer at CEPHALON INC (CEPH), sold 4,000 shares at $63.42 ($254K) on 2010-12-10, disclosed to the SEC on 2010-12-14.
Seasonal sale ($254k) by Executive VP, Chief Compliance Officer — this insider has traded CEPH in December in at least three consecutive prior years. Pattern-driven, low signal.
Nothing distinguishes this filing.