W. Allen Reed, Director at LEGG MASON, INC. (LM), bought 20,000 shares at $25.40 ($511K) on 2012-11-02, disclosed to the SEC on 2012-11-05.
Open-market purchase of $511k LM by Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $25.69 | 10,000 | $257K | 50.3% |
| 2 | $25.40 | 10,000 | $254K | 49.7% |
| Total | $25.55 avg | 20,000 | $511K | 100% |
| Filing → |
| PIA | SELL | 2010-02-01 | $120K | — | Filing → |
| IQT | SELL | 2010-02-01 | $130K | — | Filing → |
| TIN | SELL | 2009-08-12 | $330K | — | Filing → |