Director James C Smith sold 5,000 shares ($2.6M) at blended average $524.02 on 2024-11-26.
Director James C Smith executed 6 separate sales totaling 5,000 shares for $2,620,079.43 at prices ranging from $522.58 to $527.32, reducing his holdings by 1.0% from 514,457 to 509,457 shares. The sale occurred near the 52-week high ($551.80), with transactions priced 5.9% below peak levels but 0.9% above the 30-day average. This represents a modest reduction of a substantial position ($40.1B market-cap company with P/E of 37.65) rather than a full exit, and follows a prior sell pattern at the same ticker on 2024-11-13 with outcomes not yet measurable. His cross-ticker track record shows 20 prior sells with an average 30-day return of +4.1%, suggesting his prior sales have historically preceded modest gains, though timing characterization is not applicable to 10b5-1 plans if applicable.