Louis M. Bacon, 10% Owner at MAX CAPITAL GROUP LTD. (MXGL), sold 438,017 shares at $23.80 ($10.4M) on 2010-03-16, disclosed to the SEC on 2010-03-25.
Open-market sale of $10.4M MXGL by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $23.80 | 2,723 | $65K | 0.6% |
| 2 | $23.80 | 27,165 | $647K | 6.2% |
| 3 | $23.80 | 56,727 | $1.4M | 13.0% |
| 4 | $23.80 | 351,402 | $8.4M | 80.2% |
| Total | $23.80 avg | 438,017 | $10.4M | 100% |
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