John Brots insider trades: Tellabs (TLAB) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where John reports to the SEC
Open-market buys and sales
7 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Sep 14, 2012 | TLAB | ↓ Sell10b5-1 | 4,936 | $3.75 | $19K | Direct | Sep 18, 2012 (4d) |
| Jul 1, 2011 | TLAB | ↓ Sell10b5-1 | 7,853 | $4.61 | $36K | Direct | Jul 6, 2011 (5d) |
| Oct 10, 2008 | TLAB | ↓ Sell10b5-1 | 635 | $3.35 | $2K | Direct | Oct 14, 2008 (4d) |
| Jul 10, 2008 | TLAB | ↓ Sell10b5-1 | 7,056 | $4.39 | $31K | Direct | Jul 11, 2008 (1d) |
| Sep 18, 2006 | TLAB | ↓ Sell | 18,062 | $10.43 | $188K | Direct | Sep 20, 2006 (2d) |
| Jun 1, 2006 | TLAB | ↓ Sell | 5,120 | $14.40 | $74K | Direct | Jun 5, 2006 (4d) |
| Jan 31, 2006 | TLAB | ↓ Sell | 12,500 | $12.74 | $159K | Direct | Feb 2, 2006 (2d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About John Brots's insider trades
John Brots is EVP, Global Operations at Tellabs (TLAB). Since Jan 31, 2006, John has reported no open-market purchases and 7 sales worth $509K on SEC Form 4. There have been no open-market trades in the last 12 months.
4 sales (17% of the value sold) were made under a Rule 10b5-1 trading plan, which is set up months in advance and runs on a schedule, so they say little about how the insider sees the stock today.
Their filings also include shares withheld for taxes (23 filings), grants and awards (13 filings), option exercises (2 filings), shares returned to the company (1 filing). These aren't open-market trades and aren't counted above.
How to read insider trades
Officers, directors and owners of more than 10% of a company must report trades in its stock on SEC Form 4, usually within two business days. Purchases with their own money are the stronger signal: insiders sell for many reasons (taxes, diversification, a house), but buy for one. See every TLAB insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.