By Bruce Carleton
14 March 2008
BERKELEY CA -- Insider Newswire reports on top transactions executed by corporate insiders at publicly held companies. This report is based on form 4 filings submitted to the Securities and Exchange Commision by publicly held companies in the last six business days.
Top Corporate Officer Transactions
The top buying officers were Leonard Riggio, Owen E Kratz and Jeffrey R Immelt. Leonard Riggio of New York NY bought 700,000 shares of Barnes & Noble Inc (Common Stock) for a total cost of $19,371,436.00 at an average price of $27.67 a share. Owen E Kratz of Houston TX bought 115,900 shares of Helix Energy Solutions Group Inc (Common Stock) for a total cost of $3,673,268.00 at an average price of $31.93 a share. Jeffrey R Immelt of Fairfield CT bought 62,000 shares of General Electric Co (Common Stock) for a total cost of $2,041,938.00 at an average price of $32.86 a share.
The top selling officers were Mark G Papa, Peter M Musumeci and Joseph W Luter. Mark G Papa of Houston TX sold 200,000 shares of EOG Resources Inc (Common Stock) for a total of $22,961,840.00 at an average price of $114.81 a share. Peter M Musumeci of Cherry Hill NJ sold 418,613 shares of Commerce Bancorp Inc /NJ/ (Common Stock) for a total of $15,184,329.81 at an average price of $36.31 a share. Joseph W Luter of Smithfield VA sold 469,700 shares of Smithfield Foods Inc (Common Stock, Par Value $.50) for a total of $13,151,817.96 at an average price of $28.08 a share.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction. Indirect transactions and transactions with reported share prices of greater than $1000 are excluded from the report.
Write to Bruce Carleton at rbc@insidernewswire.com