Paul K. Connolly Jr., VP & General Counsel at ENERGY EAST CORP (EAS), sold 90,888 shares at $28.50 ($2.6M) on 2008-09-16, disclosed to the SEC on 2008-09-17.
Open-market sale of $2.6M EAS by VP & General Counsel. 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 | $28.50 | 438 | $12K | 0.5% |
| 2 | $28.50 | 11,000 | $314K | 12.1% |
| 3 | $28.50 | 29,450 | $839K | 32.4% |
| 4 | $28.50 | 50,000 | $1.4M | 55.0% |
| Total | $28.50 avg | 90,888 | $2.6M | 100% |