Gerald H. Lipkin, Chairman, President and CEO at VALLEY NATIONAL BANCORP (VLY), sold 65,021 shares at $13.31 ($865K) on 2010-02-08, disclosed to the SEC on 2010-02-10.
Seasonal sale ($865k) by Chairman, President and CEO — this insider has traded VLY in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $13.15 | 1,021 | $13K | 1.6% |
| 2 | $13.31 | 16,900 | $225K | 26.0% |
| 3 | $13.30 | 47,100 | $626K | 72.4% |
| Total | $13.30 avg | 65,021 | $865K | 100% |
| Filing → |
| VLY | BUY | 2012-11-15 | $42K | — | Filing → |
| VLY | BUY | 2011-09-22 | $49K | — | Filing → |
| VLY | BUY | 2010-03-01 | $29K | — | Filing → |