John C. Hammer, President and CEO of AFC at KAR Auction Services, Inc. (KAR), sold 33,332 shares at $39.33 ($1.3M) on 2016-05-09, disclosed to the SEC on 2016-05-11.
Open-market sale of $1.3M KAR by President and CEO of AFC. 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $39.33 | 16,666 | $655K | 50.0% |
| 2 | $39.33 | 16,666 | $655K | 50.0% |
| Total | $39.33 avg | 33,332 | $1.3M | 100% |
| Filing → |
| KAR | BUY | 2016-02-23 | $12K | — | Filing → |
| KAR | SELL | 2015-05-12 | $281K | — | Filing → |