Michael J. Veitenheimer, EVP - General Counsel & Secretary at Michaels Companies, Inc. (MIK), sold 171,862 shares at $28.61 ($4.9M) on 2016-05-03, disclosed to the SEC on 2016-05-04.
Open-market sale of $4.9M MIK by EVP - General Counsel & Secretary. 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 | $28.61 | 16,937 | $485K | 9.9% |
| 2 | $28.61 | 16,937 | $485K | 9.9% |
| 3 | $28.61 | 68,994 | $2.0M | 40.1% |
| 4 | $28.61 | 68,994 | $2.0M | 40.1% |
| Total | $28.61 avg | 171,862 | $4.9M | 100% |
| Filing → |
| MIK | SELL | 2015-05-11 | $1.3M | — | Filing → |
| MIK | SELL | 2015-03-25 | $1.5M | — | Filing → |
| MIK | BUY | 2014-07-07 | $17K | — | Filing → |