J. Michael Stedman, Senior EVP at UNIONBANCAL CORP (UB), sold 3,137 shares at $73.50 ($231K) on 2008-10-01, disclosed to the SEC on 2008-10-02.
Open-market sale of $231k UB by Senior EVP. 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.