Michael Rodgers insider trades: Saks (SKS) 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
10 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Mar 8, 2013 | SKS | ↓ Sell | 13,230 | $11.30 | $149K | Direct | Mar 12, 2013 (4d) |
| Feb 27, 2013 | SKS | ↓ Sell | 17,424 | $11.21 | $195K | Direct | Mar 1, 2013 (2d) |
| Mar 9, 2012 | SKS | ↓ Sell | 11,192 | $11.70 | $131K | Direct | Mar 12, 2012 (3d) |
| Mar 2, 2012 | SKS | ↓ Sell | 57,139 | $11.43 | $653K | Direct | Mar 6, 2012 (4d) |
| Mar 7, 2011 | SKS | ↓ Sell | 12,881 | $11.85 | $153K | Direct | Mar 8, 2011 (1d) |
| Nov 30, 2010 | SKS | ↓ Sell10b5-1 | 6,170 | $11.30 | $70K | Direct | Nov 30, 2010 (0d) |
| Mar 11, 2010 | SKS | ↓ Sell | 4,315 | $7.83 | $34K | Direct | Mar 12, 2010 (1d) |
| Mar 5, 2010 | SKS | ↓ Sell | 9,090 | $7.23 | $66K | Direct | Mar 8, 2010 (3d) |
| Sep 15, 2009 | SKS | ↓ Sell | 5,164 | $6.93 | $36K | Direct | Sep 17, 2009 (2d) |
| Sep 19, 2008 | SKS | ↓ Sell10b5-1 | 10,927 | $11.74 | $128K | Direct | Sep 19, 2008 (0d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Michael Rodgers's insider trades
Michael Rodgers is EVP Chief IT & Operations at Saks (SKS). Since Sep 19, 2008, Michael has reported no open-market purchases and 10 sales worth $1.6M on SEC Form 4. There have been no open-market trades in the last 12 months.
2 sales (12% 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 grants and awards (13 filings), shares withheld for taxes (8 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 SKS insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.