Bruce A. Smith, President and CEO at TESORO CORP /NEW/ (TSO), sold 50,000 shares at $14.76 ($738K) on 2009-09-24, disclosed to the SEC on 2009-09-28.
Scheduled sale ($738k) by President and CEO 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 | $14.76 | 22,400 | $331K | 44.8% |
| 2 | $14.76 | 27,600 | $407K | 55.2% |
| Total | $14.76 avg | 50,000 | $738K | 100% |
| Filing → |
| TSO | SELL | 2010-03-05 | $644K | — | Filing → |
| TSO | SELL | 2010-03-02 | $600K | — | Filing → |
| TSO | SELL | 2010-02-23 | $2.6M | — | Filing → |