It's share selling season again. This time I happened to notice that David Filo who co-founded Yahoo sold 167,000 shares and managed to get between $24.69 and $24.76 for them.
That means, at most, he made $4,134,920 and at worse $4,123,230.
Not bad David, not bad. I'll have a pint! Thanks!
It's worth noting that Filo was in an automatic sell share program so even if he did come into some juicy information - Yahoo going up, Yahoo going down, etc - those shares would still be sold. Sadly, I can't ethically stir up Yahoo! trouble mongering headlines with this post!