VP Carey Thomas sold 10,214 shares at $229.26 for $2.3M, reducing holdings by 62.9% at BR
Corporate VP Carey Thomas executed 3 separate sales totaling 10,214 shares for $2,341,617.72 on 2025-12-03, reducing his stake from 16,240 shares to 6,026 shares—a 62.9% reduction in post-transaction holdings. The shares sold at $229.26, which is $1.62 below the current price of $230.88 and 13.5% below the 52-week high of $266.89. Notably, across his 5 prior BR sales, Thomas has not achieved well-timed sells: all 5 previous transactions posted positive 90-day returns (the stock rose after each sale), meaning he systematically sold before rallies. The current sale occurs when the stock is up 3.6% over 30 days and down 8.0% over 90 days, continuing a pattern where his timing has not aligned with subsequent downturns—the timing pattern remains unbroken even as the magnitude of this liquidation (62.9% reduction) significantly exceeds typical partial position adjustments.