Gerard Gifford, EVP & COO at Crown Holdings (NYSE:CCK), reported a large insider sell on November 1, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Gifford sold 13,535 shares of Crown Holdings. The total transaction amounted to $1,089,317.
Crown Holdings shares are trading up 0.95% at $81.67 at the time of this writing on Thursday morning.
Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.
The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, ...