Yup, absolute coincidence..... Absolutely! No question, just a guy unloading a few shares to buy the kids something nice for Christmas!
A senior banker selling off a major piece of stock just as the banking world is about to collapse around us. No, nothing untoward going on here!!
Just a cool $1.2 Million, that next week will be worth what??? Any guesses?
NEW YORK - A senior executive vice president of Bank of New York Mellon Corp. sold 26,084 shares of stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Tuesday, Kurt D. Woetzel reported he sold the shares for $45.77 to $46.24 apiece last Thursday.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Stock price today times 26,084 shares:
Right near $1.2 Million.