Frank C. Lin, CEO and Chairman, 10% Owner at TRIDENT MICROSYSTEMS INC (TRID), sold 100,000 shares at $21.97 ($2.2M) on 2006-01-09, disclosed to the SEC on 2006-01-11.
Scheduled sale ($2.2M) by CEO and Chairman, 10% Owner 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 | $21.97 | 50,000 | $1.1M | 49.1% |
| 2 | $22.76 | 50,000 | $1.1M | 50.9% |
| Total | $22.36 avg | 100,000 | $2.2M | 100% |
| Filing → |
| TRID | SELL | 2006-03-08 | $2.7M | — | Filing → |
| TRID | SELL | 2006-03-06 | $2.9M | — | Filing → |
| TRID | SELL | 2006-03-02 | $2.9M | — | Filing → |