Charles J. Wyly Jr., Director at MICHAELS STORES INC (MIK), sold 470,000 shares at $42.46 ($20.0M) on 2006-07-10, disclosed to the SEC on 2006-07-12.
Open-market sale of $20.0M MIK 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 | $42.46 | 460,700 | $19.6M | 98.0% |
| 2 | $42.47 | 9,100 | $386K | 1.9% |
| 3 | $42.48 | 200 | $8K | 0.0% |
| Total | $42.46 avg | 470,000 | $20.0M | 100% |