McKenney Richard P

McKenney (CEO) sells 50,000 UNM shares across 3 tranches for $4,099,454.50 on 2025-03-03, retaining 980,637 shares post-transaction.

On 2025-03-03, Richard P McKenney executed 3 separate sales totaling 50,000 shares for $4,099,454.50 at blended average price of $81.99, reducing his stake from 1,030,637 to 980,637 shares. The current price of $77.91 sits 5.3% below the 52-week high of $82.29, placing the sale prices near recent peak levels. His prior UNM sales (2024-11-21, 2024-09-05, 2024-03-01) show a 25% well-timed rate at the 90-day horizon—only 1 of 4 prior sells preceded price declines. This transaction occurs at a company with strong fundamentals (P/E 6.11, $3.2B quarterly revenue, $645.7M net income, +4% annual revenue growth, $13.8B market cap), leaving no apparent financial distress signal. The sale represents a -4.9% reduction in holdings and occurred at near-year-high prices, though the timing pattern does not distinguish this sale from ordinary portfolio management activity.

McKenney (CEO) sold 58,865 shares for $4,438,105.89 at $75.39 avg, near 52-week high of $75.84

Richard P. McKenney, President and CEO of Unum Group, executed 2 separate sales totaling 58,865 shares for $4,438,105.89 at a blended average price of $75.39 on 2024-11-21, reducing his holdings from 1,065,868 to 1,007,003 shares. The transaction occurred near the 52-week high of $75.84 (within 0.6%), and at a time when the stock has surged 19.6% over 30 days and 39.8% over 90 days. Across his same-ticker history at UNM, McKenney's 2 prior sells executed on 2024-09-05 and 2024-03-01 returned +12.0% and +9.2% respectively at the 30-day mark, but the measurable 90-day outcome from the March sale showed +7.8%—not well-timed for a sale. His cross-ticker track record shows 0% well-timed rate on prior sells, meaning the stock subsequently rose after those transactions. The current sale's proximity to the 52-week peak and recent rally momentum warrant observation of near-term price action.

CEO Richard P McKenney sold 67,795 shares of UNM at $54.98 on 2024-09-05, retaining 1.07M shares post-transaction.

McKenney sold 67,795 shares for $3,727,206.39 while maintaining substantial holdings of 1,065,868 shares, representing a -6.0% reduction in his position. The sale occurred near the 52-week high of $57.53, with the stock trading at $54.14 currently, placing the transaction in the upper quartile of the annual range. His prior sale at UNM on 2024-03-01 achieved 90-day returns of +7.8%, indicating his sells at this ticker have not consistently preceded stock declines. Against a P/E of 7.64 and recent quarterly net income of $389,500,000, the transaction reflects a partial exit without signaling fundamental concern about the business.