F. Michael McLain, SVP & Chief Development & Integration at ENERGY EAST CORP (EAS), sold 104,064 shares at $28.50 ($3.0M) on 2008-09-16, disclosed to the SEC on 2008-09-17.
Open-market sale of $3.0M EAS by SVP & Chief Development & Integration. 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 | $28.50 | 2 | $80 | 0.0% |
| 2 | $28.50 | 1,343 | $38K | 1.3% |
| 3 | $28.50 | 6,667 | $190K | 6.4% |
| 4 | $28.50 | 11,000 | $314K | 10.6% |
| 5 | $28.50 | 11,962 | $341K | 11.5% |
| 6 | $28.50 | 15,000 |
| $428K |
| 14.4% |
| 7 | $28.50 | 58,090 | $1.7M | 55.8% |
| Total | $28.50 avg | 104,064 | $3.0M | 100% |