L. Benjamin Ederington, EVP at Westlake (NYSE:WLK), reported a large insider sell on August 31, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Ederington sold 13,734 shares of Westlake. The total transaction amounted to $1,844,022.
Westlake shares are trading up 1.58% at $133.05 at the time of this writing on Friday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an ...