$1M of WDR sold by Michael Strohm on 12/14/2012

Strohm Michael D sold 30,871 shares of Waddell & Reed Financial Inc stock, or $1,026,465 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on December 14, 2012.

After the transaction, Strohm Michael D's stake was reported as 12,900 shares of Waddell & Reed Financial Inc stock.

As noted on December 26, 2012, Strohm Michael D's sale was done indirectly through "Spouse's Trust" over 2 transactions on December 14, 2012. The share price ranged from $33.25 to $33.25 according to the regulatory filing detailing the transactions.

If we look over the past 12 months, Strohm Michael D has sold a total of 30,871 shares of Waddell & Reed Financial Inc, proceeds from the sale totaled $1,026,465. Over the same time period, Strohm Michael D has purchased no shares of Waddell & Reed Financial Inc stock. Strohm Michael D has also performed other transactions including gifts .

Let's take a quick, high-level look at insider trading at Waddell & Reed Financial Inc over the past 12 months. A total of 71,458 shares of Waddell & Reed Financial Inc stock was sold by insiders, totaling $2,288,785. Over the same time 12 month time period, 38 shares of Waddell & Reed Financial Inc, for a total value of $1,273 were purchased by company insiders.

To view the complete SEC Filing: Waddell & Reed Financial Inc Form 4 (Insider Trading) SEC Filing