Bruce A. Smith, President and CEO at TESORO CORP /NEW/ (TSO), sold 120,763 shares at $18.36 ($2.3M) on 2008-08-28, disclosed to the SEC on 2008-09-02.
Scheduled sale ($2.3M) by President and CEO 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 | $18.36 | 50,000 | $918K | 40.6% |
| 2 | $19.00 | 70,763 | $1.3M | 59.4% |
| Total | $18.74 avg | 120,763 | $2.3M | 100% |
| Filing → |
| TSO | SELL | 2010-03-05 | $644K | — | Filing → |
| TSO | SELL | 2010-03-02 | $600K | — | Filing → |
| TSO | SELL | 2010-02-23 | $2.6M | — | Filing → |