Michael Conn insider trades: Gsi Commerce (GSIC) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Michael reports to the SEC
Open-market buys and sales
18 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Feb 7, 2011 | GSIC | ↓ Sell | 1,428 | $22.44 | $32K | Direct | Feb 9, 2011 (2d) |
| Apr 23, 2010 | GSIC | ↓ Sell10b5-1 | 7,500 | $30.00 | $225K | Direct | Apr 27, 2010 (4d) |
| Apr 21, 2010 | GSIC | ↓ Sell | 2,853 | $28.52 | $81K | Direct | Apr 23, 2010 (2d) |
| Apr 15, 2010 | GSIC | ↓ Sell10b5-1 | 7,500 | $29.40 | $221K | Direct | Apr 15, 2010 (0d) |
| Apr 12, 2010 | GSIC | ↓ Sell10b5-1 | 7,500 | $28.90 | $217K | Direct | Apr 14, 2010 (2d) |
| Apr 5, 2010 | GSIC | ↓ Sell10b5-1 | 11,630 | $28.37 | $330K | Direct | Apr 7, 2010 (2d) |
| Mar 29, 2010 | GSIC | ↓ Sell | 30,000 | $27.78 | $833K | Direct | Mar 30, 2010 (1d) |
| Feb 19, 2010 | GSIC | ↓ Sell | 35,000 | $24.86 | $870K | Direct | Feb 22, 2010 (3d) |
| Feb 19, 2010 | GSIC | ↓ Sell | 1,028 | $24.71 | $25K | By Wife | Feb 22, 2010 (3d) |
| Feb 8, 2010 | GSIC | ↓ Sell | 3,632 | $23.22 | $84K | Direct | Feb 9, 2010 (1d) |
| Feb 3, 2010 | GSIC | ↓ Sell | 2,853 | $24.05 | $69K | Direct | Feb 5, 2010 (2d) |
| Aug 18, 2009 | GSIC | ↓ Sell | 30,000 | $16.28 | $488K | Direct | Aug 19, 2009 (1d) |
| Apr 7, 2009 | GSIC | ↓ Sell | 4,748 | $13.03 | $62K | Direct | Apr 8, 2009 (1d) |
| Jan 5, 2009 | GSIC | ↓ Sell | 2,538 | $9.87 | $25K | Direct | Jan 7, 2009 (2d) |
| Sep 3, 2008 | GSIC | ↓ Sell | 425 | $16.26 | $7K | Direct | Sep 5, 2008 (2d) |
| Mar 10, 2008 | GSIC | ↓ Sell | 5,499 | $11.34 | $62K | Direct | Mar 11, 2008 (1d) |
| Nov 3, 2006 | GSIC | ↓ Sell | 15,000 | $17.13 | $257K | Direct | Nov 6, 2006 (3d) |
| Jun 1, 2005 | GSIC | ↓ Sell | 33,500 | $14.84 | $497K | Direct | Jun 3, 2005 (2d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Michael Conn's insider trades
Michael Conn is EVP, CFO and Treasurer at Gsi Commerce (GSIC). Since Jun 1, 2005, Michael has reported no open-market purchases and 18 sales worth $4.4M on SEC Form 4. There have been no open-market trades in the last 12 months.
4 sales (23% 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 option exercises (11 filings), grants and awards (6 filings), shares withheld for taxes (5 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 GSIC insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.