Robert B. Knutson, Chairman of the Board at EDUCATION MANAGEMENT CORPORATION (EDMC), sold 944,771 shares at $43.00 ($40.6M) on 2006-06-01, disclosed to the SEC on 2006-06-05.
Open-market sale of $40.6M EDMC by Chairman of the Board. 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 | $43.00 | 42,737 | $1.8M | 4.5% |
| 2 | $43.00 | 396,929 | $17.1M | 42.0% |
| 3 | $43.00 | 505,105 | $21.7M | 53.5% |
| Total | $43.00 avg | 944,771 | $40.6M | 100% |