MCBS director Leung Don sells 83,217 shares across two days (07-22, 07-23) for $2,587,349.61; holds 848.2K shares post-transaction
Leung Don executed two separate sales totaling 83,217 shares for $2,587,349.61 over consecutive trading days at prices of $31.02 and $31.11, reducing his holdings by 8.9%. The blended average price of $31.09 sits just 2.0% below the 52-week high of $31.12, placing the sales near the upper end of recent trading range. The stock has appreciated 22.1% over the prior 30 days and 27.8% over 90 days, suggesting the sales occurred during a strong momentum period. No prior timing outcome data yet exists for his two most recent same-ticker sales (2024-07-16 and 2024-07-17), making it premature to characterize execution quality at this specific ticker; however, cross-ticker historical record shows only 2 prior open-market sells with measurable outcomes. At current price of $30.49, the executed sales remain profitable relative to today's level, and the director retains a substantial 848.2K-share position in the company.