Just noticed something interesting - Glen F. Post III, who's been running CenturyLink for nearly two decades, sold off 100,000 shares back in August 2012 at $43.05 each. That's a $4.3M transaction, which definitely raises some eyebrows about what the guy was thinking at that time.



Post joined the company way back in 1976 and climbed his way up through basically every role you can imagine - VP, CFO, COO, you name it. So when someone with that kind of tenure and institutional knowledge starts liquidating, people notice. Several other execs followed suit that month too.

The company was trading around $42.75 with a solid 6.8% dividend yield, but I'm curious what his actual net worth looked like with those kinds of moves. Anyway, thought it was worth a look if you're into tracking insider activity.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin