David Fawcett, group development director at the distribution group Wincanton, has pocketed more than £25,000 from the sale of most of his shares in the firm.
He offloaded 15,534 at 1,62.4p a time and now has just 1,397 shares in the company.
Wincanton has had a tough time over the past few months.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
In November its shares fell sharply after an increase in profits was marred by a poor performance from its French business and concerns over increasing costs. Then in December it announced that chief executive Graeme McFaull is stepping down following a strategic review at the distribution group.
Fawcett joined Wincanton as a graduate trainee in 1986.
Top Director Buys
CPP Group (CPP) Director name: Mr Charles Henry GregsonAmount purchased: 24,000 @ 270.00p Value: £64,800
Rolls-Royce Group (RR.) Director name: Mr Andrew B ShilstonAmount purchased: 5,051 @ 661.12p Value: £33,393
Rolls-Royce Group (RR.) Director name: Mr Mike TerrettAmount purchased: 4,118 @ 661.12p Value: £27,225
Earthport (EPO) Director name: Mr Philip (Phil) Hickman Amount purchased: 100,000 @ 20.80p Value: £20,800
Rolls-Royce Group (RR.) Director name: Mr Peter John ByromAmount purchased: 2,097 @ 661.12p Value: £13,864
@UK (ATUK) Director name: Mr Ronald DuncanAmount purchased: 100,000 @ 10.15p Value: £10,150
Top Director Sells
Electra Private Equity (ELTA) Director name: Mr J Peter WilliamsAmount sold: 30,000 @ 1,670.00p Value: £501,000
Herencia Resources (HER) Director name: Mr Michael BohmAmount sold: 4,750,000 @ 3.90p Value: £185,250
Herencia Resources (HER) Director name: Mr Michael BohmAmount sold: 1,250,000 @ 3.90p Value: £48,750
