Dominic J. Pileggi, Chairman and CEO at THOMAS & BETTS CORP (TNB), sold 46,032 shares at $48.80 ($2.2M) on 2010-12-14, disclosed to the SEC on 2010-12-15.
Seasonal sale ($2.2M) by Chairman and CEO — this insider has traded TNB in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $48.86 | 23,588 | $1.2M | 51.3% |
| 2 | $48.80 | 22,444 | $1.1M | 48.7% |
| Total | $48.83 avg | 46,032 | $2.2M | 100% |
| Filing → |
| TNB | SELL | 2010-12-17 | $480K | — | Filing → |
| TNB | SELL | 2008-02-08 | $356K | — | Filing → |
| TNB | SELL | 2007-12-05 | $512K | — | Filing → |