Insider Selling at Temple-Inland

Insiders at Temple-Inland Inc. (TIN) have joined what seems to be everyone else in dumping shares of their own companies. Carlton Donald M (Director) sold 71% of his holdings and Grant Adamson (Chief Governance Officer) got rid of half of his shares:

Looking closer at Mr. Donald, however, brings up an interesting fact: he bought 5,000 shares at $3.09 in December last year and now sold that same lot for $16.21. I believe taking a 500% profit off the table is a very sensible thing to do Mr. Donald, thank you very much…

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