Frank C. Lin, CEO and Chairman, 10% Owner at TRIDENT MICROSYSTEMS INC (TRID), sold 50,000 shares at $24.77 ($1.2M) on 2006-01-26, disclosed to the SEC on 2006-01-27.
Scheduled sale ($1.2M) by CEO and Chairman, 10% Owner 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 | $21.70 | 25,000 | $543K | 46.7% |
| 2 | $24.77 | 25,000 | $619K | 53.3% |
| Total | $23.23 avg | 50,000 | $1.2M | 100% |
| Filing → |
| TRID | SELL | 2006-03-08 | $2.7M | — | Filing → |
| TRID | SELL | 2006-03-06 | $2.9M | — | Filing → |
| TRID | SELL | 2006-03-02 | $2.9M | — | Filing → |