Frank C. Lin, CEO and Chairman, 10% Owner at TRIDENT MICROSYSTEMS INC (TRID), sold 88,154 shares at $27.60 ($2.4M) on 2006-03-13, disclosed to the SEC on 2006-03-14.
Scheduled sale ($2.4M) 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 | $27.60 | 50,000 | $1.4M | 56.4% |
| 2 | $27.97 | 38,154 | $1.1M | 43.6% |
| Total | $27.76 avg | 88,154 | $2.4M | 100% |
| Filing → |
| TRID | SELL | 2006-03-06 | $2.9M | — | Filing → |
| TRID | SELL | 2006-03-02 | $2.9M | — | Filing → |
| TRID | SELL | 2006-02-28 | $1.9M | — | Filing → |