CARL ICAHN, 10% Owner at CVR Energy (NYSE:CVI), reported a large insider sell on September 12, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that ICAHN sold 4,100,000 shares of CVR Energy. The total transaction amounted to $144,320,000.
CVR Energy shares are trading down 4.64% at $35.32 at the time of this writing on Tuesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to ...