Hari N. Nair, Chief Operating Officer at TENNECO INC (TEN), sold 70,000 shares at $36.00 ($2.5M) on 2013-01-02, disclosed to the SEC on 2013-01-03.
Scheduled sale ($2.5M) by Chief Operating Officer 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 | $35.00 | 55,000 | $1.9M | 78.1% |
| 2 | $36.00 | 15,000 | $540K | 21.9% |
| Total | $35.21 avg | 70,000 | $2.5M | 100% |
| Filing → |
| TEN | SELL | 2011-10-25 | $1.9M | — | Filing → |
| TEN | SELL | 2010-09-01 | $1.2M | — | Filing → |
| TEN | SELL | 2006-11-27 | $1.5M | — | Filing → |