Valli F. Baldassano, Executive VP, Chief Compliance Officer at CEPHALON INC (CEPH), sold 650 shares at $59.75 ($39K) on 2009-09-21, disclosed to the SEC on 2009-09-22.
Open-market sale of $39k CEPH by Executive VP, Chief Compliance Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.