Gerald H. Lipkin, Chairman, President and CEO at VALLEY NATIONAL BANCORP (VLY), sold 31,500 shares at $26.09 ($820K) on 2007-02-22, disclosed to the SEC on 2007-02-26.
Scheduled sale ($820k) by Chairman, President and CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $26.00 | 4,000 | $104K | 12.7% |
| 2 | $26.01 | 6,000 | $156K | 19.0% |
| 3 | $26.02 | 12,000 | $312K | 38.1% |
| 4 | $26.09 | 5,000 | $130K | 15.9% |
| 5 | $25.94 | 500 | $13K | 1.6% |
| 6 | $25.95 | 2,900 |
| $75K |
| 9.2% |
| 7 | $25.98 | 100 | $3K | 0.3% |
| 8 | $26.00 | 1,000 | $26K | 3.2% |
| Total | $26.02 avg | 31,500 | $820K | 100% |
| Filing → |
| VLY | BUY | 2012-11-15 | $42K | — | Filing → |
| VLY | BUY | 2011-09-22 | $49K | — | Filing → |
| VLY | BUY | 2010-03-01 | $29K | — | Filing → |