Monday, March 17, 2008

Bear Sterns Insider Trading

So just when did the insiders at Bear Sterns start dumping their stock?

Mostly in December* of last year.

On 12/28/07, Paul A. Novelly sold 50,000 shares,
value 4.34 million dollars, at $86.78/share

On 12/26/07, Tese Vincent Salvatore sold 716 shares,
value 62,929.24 dollars, at $87.89/share

On 12/21/07, Michael S. Solender sold 2,087 shares,
value 185,763.88 dollars, at $89.01/share

On 12/21/07, Jeffery M. Farber sold 2,443 shares,
value 217,451.44 dollars, at $89.01/share

On 12/21/07, Alan C. Greenburg sold 99,293 shares,
value 8.84 million dollars, at $89.01/share

On 12/21/07, Jeffery Mayer sold 102,408 shares,
value 9.12 million dollars, at $89.01/share

On 12/21/07, Michael Minikes sold 25,927 shares,
value 2.31 million dollars, at $89.01/share

On 12/21/07, Samuel L. Molinaro jr. sold 27,726 shares,
value 2.47 million dollars, at $89.01/share

On 12/21/07, Alan D. Schwartz (Bear CEO) sold 67,900 shares,
value 6.04 million dollars, at $89.01/share

On 12/21/07, James E. Cayne sold 172,621 shares,
value 15.36 million dollars, at $89.01/share

On 12/05/07, Carl David Glickman sold 3,427 shares,
value 317,066.03 dollars, at $92.52/share

December 21, 2007, was quite a busy day for them, wasn't it?

*source: MSN Money

Data providers: Thomson Financial, Reuters, ComStock.

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