John S. Zieser, Chief Development Officer at MEREDITH CORP (MDP), sold 18,000 shares at $55.00 ($990K) on 2016-08-18, disclosed to the SEC on 2016-08-19.
Seasonal sale ($990k) by Chief Development Officer — this insider has traded MDP in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $55.00 | 1,206 | $66K | 6.7% |
| 2 | $55.00 | 16,794 | $924K | 93.3% |
| Total | $55.00 avg | 18,000 | $990K | 100% |
| Filing → |
| MDP | SELL | 2017-08-17 | $198K | — | Filing → |
| MDP | SELL | 2017-08-15 | $218K | — | Filing → |
| MDP | SELL | 2017-05-03 | $101K | — | Filing → |