Merengo (Global Powder President) sold 14,410 shares at $87.03 for $1.3M; reduces stake 42.1%, with strong pattern of well-timed prior GGG sales.
Merengo reduced his GGG holdings by 42.1% (14,410 shares at $87.03), leaving him with 19,852 shares post-transaction. His prior four trades at this ticker show a 100% win rate on 90-day timing—all four prior sells preceded negative 90-day returns—suggesting consistent ability to exit before declines. The stock currently trades at $88.48, just 0.4% below its 52-week high and up 8.3% over 90 days, which means this sale occurred near peak valuations. His cross-ticker track record shows 100.00% well-timed rate across his last 4 open-market sells. The magnitude of the reduction (42% of prior holdings) combined with this timing pattern warrants investor attention to whether the executive perceives near-term headwinds.