Thomas J Plath, Senior Vice President at International Paper (NYSE:IP), reported a large insider sell on November 29, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Plath sold 4,500 shares of International Paper. The total transaction amounted to $153,495.
International Paper shares are trading up 2.01% at $36.51 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, ...