By Bruce Carleton
25 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 Robert E Lowder, Fred Hassan and R L Moore. Robert E Lowder of Montgomery AL bought 1,000,000 shares of Colonial Bancgroup Inc (Common Stock) for a total cost of $8,000,000.00 at an average price of $8.00 a share. Fred Hassan of Kenilworth NJ bought 110,000 shares of Schering Plough Corp (Common Shares) for a total cost of $2,008,773.70 at an average price of $18.25 a share. R L Moore of Denver CO bought 20,000 shares of Intrepid Potash, Inc. (Common Stock) for a total cost of $640,000.00 at an average price of $32.00 a share.
The top selling officers were James M Bernhard, R Richard Fontaine and Daniel A Dematteo. James M Bernhard of Baton Rouge LA sold 443,400 shares of Shaw Group Inc (Common Stock) for a total of $23,744,800.07 at an average price of $53.59 a share. R Richard Fontaine of Grapevine TX sold 368,818 shares of Gamestop Corp. (Class A Common Stock, Par Value $0.001 Per Share) for a total of $20,663,766.09 at an average price of $56.03 a share. Daniel A Dematteo of Grapevine TX sold 325,418 shares of Gamestop Corp. (Class A Common Stock, Par Value $0.001 Per Share) for a total of $17,977,235.08 at an average price of $55.15 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