$2M of PCL sold by Thomas Reed on 01/24/2013

Reed Thomas M sold 42,372 shares of Plum Creek Timber Co Inc stock, or $2,034,009 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on January 24, 2013.

After the transaction, Reed Thomas M's stake was reported as 29,532 shares of Plum Creek Timber Co Inc stock. In addition, Reed Thomas M performed several other transactions, including using transaction codes 'M' (exercise, usually of options).

As noted on January 25, 2013, Reed Thomas M's sale was done directly over 1 transaction on January 24, 2013. The share price for the transaction was $48 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Reed Thomas M has sold a total of 42,372 shares of Plum Creek Timber Co Inc, proceeds from the sale totaled $2,034,009. Over the same time period, Reed Thomas M has purchased no shares of Plum Creek Timber Co Inc stock. Reed Thomas M has also performed other transactions including exercise of options .

Let's take a quick, high-level look at insider trading at Plum Creek Timber Co Inc over the past 12 months. A total of 381,804 shares of Plum Creek Timber Co Inc stock was sold by insiders, totaling $16,561,405. Over the same time 12 month time period, no shares of Plum Creek Timber Co Inc were purchased by company insiders.

To view the complete SEC Filing: Plum Creek Timber Co Inc Form 4 (Insider Trading) SEC Filing