Hilaire Stephane St., President and CEO of ADESA at KAR Auction Services, Inc. (KAR), sold 118,710 shares at $39.27 ($4.7M) on 2016-05-09, disclosed to the SEC on 2016-05-11.
Open-market sale of $4.7M KAR by President and CEO of ADESA. 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 | $39.27 | 5,000 | $196K | 4.2% |
| 2 | $39.27 | 5,000 | $196K | 4.2% |
| 3 | $39.54 | 54,355 | $2.1M | 45.8% |
| 4 | $39.54 | 54,355 | $2.1M | 45.8% |
| Total | $39.52 avg | 118,710 | $4.7M | 100% |
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