Michael Rajkovic, EVP & COO at Tower International, Inc. (TOWR), sold 149,194 shares at $19.04 ($2.8M) on 2013-05-31, disclosed to the SEC on 2013-06-04.
Open-market sale of $2.8M TOWR by EVP & COO. 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 | $19.04 | 41,168 | $784K | 28.2% |
| 2 | $18.53 | 55,608 | $1.0M | 37.0% |
| 3 | $18.46 | 52,418 | $968K | 34.8% |
| Total | $18.65 avg | 149,194 | $2.8M | 100% |
| Filing → |
| TOWR | SELL | 2013-08-05 | $1.9M | — | Filing → |
| TOWR | SELL | 2013-05-08 | $974K | — | Filing → |
| TOWR | BUY | 2010-12-07 | $317K | — | Filing → |