Joseph L. Herring, Chairman and CEO at COVANCE INC (CVD), sold 100,000 shares at $82.35 ($8.3M) on 2013-08-02, disclosed to the SEC on 2013-08-06.
Scheduled sale ($8.3M) by Chairman and CEO 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 | $82.35 | 50,000 | $4.1M | 49.9% |
| 2 | $82.72 | 50,000 | $4.1M | 50.1% |
| Total | $82.53 avg | 100,000 | $8.3M | 100% |
| Filing → |
| LH | SELL | 2015-02-27 | $4.5M | — | Filing → |
| CVD | SELL | 2014-12-19 | $3.4M | — | Filing → |
| CVD | SELL | 2014-02-11 | $11.7M | — | Filing → |