John G. Pinch, EVP, Chief Operating Officer at CUMULUS MEDIA INC (CMLS), sold 20,000 shares at $10.66 ($213K) on 2006-12-26, disclosed to the SEC on 2006-12-28.
Open-market sale of $213k CMLS by EVP, Chief Operating Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $10.58 | 600 | $6K | 3.0% |
| 2 | $10.62 | 14,400 | $153K | 71.9% |
| 3 | $10.66 | 5,000 | $53K | 25.1% |
| Total | $10.63 avg | 20,000 | $213K | 100% |