Ian M. Cumming, Chairman of the Board, 10% Owner at LEUCADIA NATIONAL CORP (LUK), sold 409,810 shares at $25.99 ($10.6M) on 2009-10-14, disclosed to the SEC on 2009-10-15.
Scheduled sale ($10.6M) by Chairman of the Board, 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 | $25.36 | 150,110 | $3.8M | 36.1% |
| 2 | $25.99 | 259,700 | $6.7M | 63.9% |
| Total | $25.76 avg | 409,810 | $10.6M | 100% |
| Filing → |
| LUK | SELL | 2009-10-21 | $3.7M | — | Filing → |
| LUK | SELL | 2009-10-19 | $11.2M | — | Filing → |
| ACF | BUY | 2009-08-17 | $5.0M | — | Filing → |