Robert T. McDowell, Executive VP and CFO at EDUCATION MANAGEMENT CORPORATION (EDMC), sold 467,319 shares at $43.00 ($20.1M) on 2006-06-01, disclosed to the SEC on 2006-06-05.
Open-market sale of $20.1M EDMC by Executive VP and CFO. 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 | $0.00 | 750 | $0 | 0.0% |
| 2 | $43.00 | 3,000 | $129K | 0.6% |
| 3 | $43.00 | 39,785 | $1.7M | 8.5% |
| 4 | $43.00 | 423,784 | $18.2M | 90.8% |
| Total | $42.93 avg | 467,319 | $20.1M | 100% |