By Bruce Carleton
17 April 2008
BERKELEY CA -- Insider Newswire reports on top transactions executed by corporate insiders at publicly held companies. This report is based on form 4 filings submitted to the Securities and Exchange Commision by publicly held companies in the last six business days.
Top Corporate Officer Transactions
The top buying officers were Michael A Neal, William T Dillard and Louis A Denaples. Michael A Neal of Fairfield CT bought 31,250 shares of General Electric Co (Common Stock) for a total cost of $1,005,000.00 at an average price of $32.16 a share. William T Dillard of Little Rock AR bought 9,000 shares of Dillards Inc (Dillard'S Capital Trust 1 7.5% Capital Securities Ddt) for a total cost of $178,650.00 at an average price of $19.85 a share. Louis A Denaples of Moscow PA bought 2,500 shares of First National Community Bancorp Inc (Common Stock) for a total cost of $75,000.00 at an average price of $30.00 a share.
The top selling officers were James C Mullen, John B Hess and Steven Roth. James C Mullen of Cambridge MA sold 758,750 shares of Biogen Idec Inc. (Common Stock) for a total of $49,136,369.49 at an average price of $64.73 a share. John B Hess of New York NY sold 447,300 shares of Hess Corp (Common Stock, $1.00 Par Value) for a total of $44,775,887.80 at an average price of $99.99 a share. Steven Roth of New York NY sold 250,000 shares of Vornado Realty Trust (Common Shares) for a total of $22,000,000.00 at an average price of $88.00 a share.
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. Indirect transactions and transactions with reported share prices of greater than $1000 are excluded from the report.
Write to Bruce Carleton at rbc@insidernewswire.com