Insider Trading: SunTrust, Tupperware, McDonald’s and more

Insider Trading is a weekly report of stock transactions involving officers, directors and owners of 10 percent or more of a publicly held company. Corporate insiders historically make more economically sound decisions in trading their own company’s stock than do other investors. Selling by insiders is not necessarily negative, however, because they may sell stock for tax reasons, estate planning or cash needs. Here are some of the most recent transactions reported to the U.S. Securities and Exchange Commission and the New York and American stock exchanges by companies with interests in Central Florida.

AutoNation Inc.

George Lawrence Mikan, director, bought 4,500 common shares at $43.03 each on Jan. 29 and now holds 18,759 shares.

CVS Caremark Corp.

Larry J. Merlo, chief executive officer, exercised an option for 46,393 common shares at $28.10 each on Feb. 1. He sold 46,393 common shares at $96.14 each on Feb. 1 and now holds 758,728 shares.

JPMorgan Chase & Co.

Douglas B. Petno, officer, sold 10,566 common shares at $59.00 each on Jan. 29 and now holds 198,175 shares.

McDonald’s Corp.

Peter J. Bensen, officer, exercised an option for 15,157 common shares at $45.02 each on Jan. 26. He sold 15,157 common shares at $119.79 each on Jan. 26 and now holds 14,925 shares.

Ian Frederick Borden, officer, exercised an option for 5,771 common shares at $36.37 each on Jan. 26. He sold 5,771 common shares at $119.71 each on Jan. 26 and now holds 4,982 shares.

Douglas M. Goare, officer, exercised an option for 32,230 common shares ranging in price from $57.08 to $63.25 each on Jan. 26. He sold 32,230 common shares at $120.49 each on Jan. 26 and now holds 22,656 shares.

David L. Hoffmann, officer, exercised an option for 30,345 common shares ranging in price from $56.64 to $75.93 each on Jan. 26. He sold 30,345 common shares at $119.71 each on Jan. 26 and now holds 6,928 shares.

Gloria Santona, general counsel, exercised an option for 24,100 common shares at $56.64 each on Jan. 29. She sold 24,100 common shares at $124.24 each on Jan. 29 and now holds 61,417 shares.

James R. Sappington, officer, exercised an option for 11,036 common shares at $57.08 each on Jan. 29. He sold 7,827 common shares at $124.25 each on Jan. 29 and now holds 5,444 shares.

Oracle Corp.

Hector Garcia Molina, director, exercised an option for 3,305 common shares ranging in price from $14.02 to $19.38 each on Jan. 26. He sold 3,305 common shares at $35.00 each on Jan. 26 and now holds 5,000 shares.

Starbucks Corp.

Craig E. Weatherup, director, exercised an option for 117,966 common shares ranging in price from $4.32 to $11.44 each on Jan. 27. He sold 117,966 common shares at $58.32 each on Jan. 27 and now holds 58,536 shares.

SunTrust Banks Inc.

Mark A. Chancy, officer, sold 14,605 common shares at $35.46 each on Jan. 28 and now holds 73,491 shares.

Sysco Corp.

Russell T. Libby, officer, exercised an option for 4,000 common shares at $27.44 each on Feb. 1. He sold 4,000 common shares at $42.00 each on Feb. 1 and now holds 69,582 shares.

Tupperware Brands Corp.

Kriss Cloninger, director, bought 2,500 common shares at $44.80 each on Feb. 2 and now holds 31,640 shares.

Source: Thomson Reuters