Stephen Jon Carlotti, EVP - Marketing at Michaels Companies, Inc. (MIK), sold 40,000 shares at $29.00 ($1.2M) on 2016-05-02, disclosed to the SEC on 2016-05-04.
Open-market sale of $1.2M MIK by EVP - Marketing. 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.