Aug. 28 at 1:59 PM
$FIX $SLB - same insider filing batch, two very different kinds of selling. FIX CEO Brian Lane sold
$25.77M (9.9% of his stake) on 8/26, tagged Discretionary - his own call, not scheduled. SLB CEO Olivier Le Peuch sold on both 8/26 (
$1.31M) and 8/27 (
$0.28M), both tagged Planned (10b5-1, set up in advance). FIX is off ~8% over the past month with no screener signal active right now. SLB is sitting close to its 1yr high. Does the planned-vs-discretionary label actually change how much weight you put on an insider sale, or is a sale just a sale?