Flurry of Insider Trades Hit Toward End of Year
by January 6, 2003 12:00 am 74 views
The following are significant insider trades made toward the end of 2002 at public companies in Northwest Arkansas. It is common for large stock holders to sell shares at year’s end for tax or other purposes, so no unusual importance is intended to be given to these transactions:
Tyson Foods Inc.
TLP Investments LP, the holding company of the Don Tyson Family, announced on Nov. 18 the planned sale of 3 million Class B shares for estimated proceeds of $37.95 million.
Leland E. Tollett, a director, on Dec. 3 bought 11,642 shares on the non-open market. Their exact price was not public, but shares that day closed at $11.65 for an estimated acquisition value of $136,629.
Superior Financial Corp.
John M. Stein, a board member, on Nov. 14 sold 142,999 shares at $18 each for proceeds of $2.57 million.
Wal-Mart Stores Inc.
Jack C. Shewmaker, both personally and through the Shewmaker Family Limited Partnership and Shewmaker Family Revocable Trust, from Nov. 14 to Nov. 15 sold a combined 37,754 shares ranging in price from $53.45 to $55.65 for estimated proceeds of $2.03 million.
Brian K. Turner, executive vice president, from Nov. 26 to Nov. 27 sold 4,764 shares ranging in price from $53.82 to $54.65 each for estimated proceeds of $258,059.
Arkansas Best Corp.
Jerry A. Yarbrough, senior vice president, from Nov. 1 to Nov. 27 sold 21,800 shares ranging in price from $28.80 to $30.10 each for estimated proceeds of $648,150.
America’s Car-Mart Inc.
Edward R. McMurphy, a former CEO, from Nov. 6 to Nov. 13 sold 33,000 shares ranging in price from $12 to $12.75 each for proceeds of $407,250
John D. Simmons, a board member, from Nov. 20 to Nov. 27 sold 13,312 shares ranging in price from $12.14 to $12.45 per share for estimated proceeds of $163,726.
J.B. Hunt Transport Services Inc.
Jerry W. Walton, chief financial officer, on Nov. 4 sold 10,000 shares at $28.78 each for proceeds of $287,800.