Horst Witzel, Director at CEPHALON INC (CEPH), sold 60,000 shares at $74.11 ($4.4M) on 2006-02-21, disclosed to the SEC on 2006-02-22.
Open-market sale of $4.4M CEPH by Director. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $74.07 | 9,152 | $678K | 15.2% |
| 2 | $74.10 | 45,128 | $3.3M | 75.2% |
| 3 | $74.11 | 3,000 | $222K | 5.0% |
| 4 | $74.11 | 700 | $52K | 1.2% |
| 5 | $74.15 | 990 | $73K | 1.7% |
| 6 | $74.16 | 377 |
| $28K |
| 0.6% |
| 7 | $74.17 | 653 | $48K | 1.1% |
| Total | $74.10 avg | 60,000 | $4.4M | 100% |