Insider Trends: Insider Adds to Selling Trend at Kellogg
05:45 PM EDT, 05/10/2021 (MT Newswires) -- On May 10, 2021, W K Kellogg Foundation Trust, 10% Owner, executed a sale of 83,333 shares in Kellogg (K) for $5,628,877. W K Kellogg Foundation Trust, following the transactions defined in the Form 4 SEC filing, has 59,715,169 company shares, with a market value, based on the prior-day closing price, of $3,998 million.
Over the last 90 days, prior to the date of this filing, there have been 17 insider transactions reported to the SEC for Kellogg. These transactions came from the activities of 9 different insiders that resulted in a net disposition of 72,877 company shares. Relative to the preceding 90-day window of time, there were 5 transactions from 1 insider that resulted in the disposition of 416,668 shares.
This is lower than the average level of insider transactions in the 45-company Food Processing peer group over the last 90-day period. Activity in the peer group averaged 121.0 transactions per company, and disposition of 186,669 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/55067/000120919121031356/xslF345X03/doc4.xml
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.