Frank J. Mercardante, Chief Executive Officer at PLACER SIERRA BANCSHARES (PLSB), sold 48,000 shares at $27.11 ($1.3M) on 2007-03-09, disclosed to the SEC on 2007-03-12.
Open-market sale of $1.3M PLSB by Chief Executive Officer. 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 | $27.10 | 25,000 | $678K | 52.1% |
| 2 | $27.11 | 23,000 | $624K | 47.9% |
| Total | $27.10 avg | 48,000 | $1.3M | 100% |