Brian T. Shea, Vice Chairman at Bank of New York Mellon Corp (BK), sold 399,352 shares at $45.07 ($18.0M) on 2017-02-08, disclosed to the SEC on 2017-02-10.
Seasonal sale ($18.0M) by Vice Chairman — this insider has traded BK in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $45.07 | 80,494 | $3.6M | 20.2% |
| 2 | $45.07 | 80,494 | $3.6M | 20.2% |
| 3 | $45.07 | 119,182 | $5.4M | 29.8% |
| 4 | $45.07 | 119,182 | $5.4M | 29.8% |
| Total | $45.07 avg | 399,352 | $18.0M | 100% |
| Filing → |
| BK | SELL | 2017-11-07 | $2.3M | — | Filing → |
| BK | SELL | 2017-08-18 | $2.3M | — | Filing → |
| BK | SELL | 2017-05-04 | $3.0M | — | Filing → |