Fredy and his stock dumps

[Btn1969]

W Frederick Smith - Insider Monkey

Last dump 19,450,580.00 202,000 shares

Freds dumping stock every year now. Something to think about.

 

[vantexan]

W Frederick Smith - Insider Monkey

Last dump 19,450,580.00 202,000 shares

Freds dumping stock every year now. Something to think about.

He has over 20 million shares and makes millions with every quarterly dividend. Selling shares is just to pull out as much as possible while stock is still high. If he thought the company was in trouble he'd try to sell much more but this is just a normal transaction.

 

[!Retired!]

Did you see the part about purchasing 248,451 shares at 64.53 earlier that day?

 

[vantexan]

Did you see the part about purchasing 248,451 shares at 64.53 earlier that day?

​That would be exercising stock options.

 

[Btn1969]

Was just looking at the transaction dates. He's pulling out more frequent than he used too. I really think he's going to gut this company.

 

[vantexan]

Was just looking at the transaction dates. He's pulling out more frequent than he used too. I really think he's going to gut this company.

Why would he? And in case you didn't know, Wall Street knows about these transactions too as he's required by the SEC to file his intent to sell in advance. If they thought he was going to gut the company they'd be dumping their shares and the stock price would collapse. He's simply taking advantage of high prices to pull out alot of cash. He might be a billionaire on paper, but until he sells some stock, or receives dividends he doesn't have it in the bank.

 

[Code 82 Approved]

It was interesting to read the CEO of UPS was in his 5th year, and nobody at UPS has gone much over 5 years. They quoted Fred S as being at FedEx since 1971. Especially in a contract year.

 

[vantexan]

It was interesting to read the CEO of UPS was in his 5th year, and nobody at UPS has gone much over 5 years. They quoted Fred S as being at FedEx since 1971. Especially in a contract year.

​You really have to get up to speed. Fred S founded FedEx and is the single biggest stockholder.

 

[!Retired!]

​That would be exercising stock options.

Correct....and if you notice, not only did he pocket $1.5M, he actually has more stock now than before...48000 shares to be precise.

From 2009 until today, he has sold 109,000 shares. Hardly what I would say is 'gutting the company'.

 

[Btn1969]

Ok think animal farm and finance. If you where the pig.

 

[!Retired!]

Ok think animal farm and finance. If you where the pig.

If I where(?) the pig? Where's the pig?

 

[MAKAVELI]

Ok think animal farm and finance. If you where the pig.

If I where(?) the pig? Where's the pig?

The pig with lipstick of course.

 

[thedownhillEXPRESS]

the pig with lipstick of course.

Sarah Palin !!!!!???

 

[MAKAVELI]

the pig with lipstick of course.

sarah palin !!!!!???

If it talks like a pig, walks like a pig, looks like a pig, and wears lipstick, it's probably a pig.

 

[thedownhillEXPRESS]

If it talks like a pig, walks like a pig, looks like a pig, and wears lipstick, it's probably a pig.

Or a Republican
​

 

[thedownhillEXPRESS]

friend!!!!!!!!
​
It could even be a new Ground driver??

 

[MAKAVELI]

If it talks like a pig, walks like a pig, looks like a pig, and wears lipstick, it's probably a pig.

Or a Republican
​

One in the same in my book.

 

[bbsam]

friend!!!!!!!!
​
It could even be a new Ground driver??

see the economics thread

 

[IVE GOTTA PACKAGE 4U]

Sarah Palin !!!!!???

Obama doesn't wear lipstick! Be he still is a pig!....sorry I meant money hog..

 

[!Retired!]

Or a Republican
​

Republican....Democrat.....these days it makes no difference.