Major Shareholder Lilly Endowment Inc Unloads 190,000 Shares Of Stock
6/9/2014 9:48:38 AM
Eli Lilly and (NYSE:LLY) major shareholder Lilly Endowment Inc sold 190,000 shares of the stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $59.53, for a total value of $11,310,700.00. Following the completion of the transaction, the insider now directly owns 134,500,804 shares of the company’s stock, valued at approximately $8,006,832,862. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
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