Insider Sells $11.1M Worth of Gap

NEW YORK (TheStreet) -- Which insiders are selling and buying chunks of stocks?

Below are lists of the top 10 open-market insider purchases and sales filed at the Securities and Exchange Commission Tuesday as ranked by dollar value. Company executives and directors are in the best position to assess the attractiveness of their firms' shares, and here is how many of them are voting their wallets! Please note, however, that these are factual lists, not buy and sell recommendations. Dollar value is only one metric to assess the importance of an insider transaction.

Stone Tan China Acquisition (STTA) Spac Trust BO 36,399 $288,989
Trans1 (TSON) Delphi Management Partners ViII BO 49,000 $240,382
Stone Tan China Acquisition
(STTA)
Stone Roger W CB,DIR,
BO
27,117 $215,197
Fusion Tele-
communications (FSNN)
Turits Phillip DIR,TR,
SEC
1,041,667 $125,000
Flow International (FLOW) Ribaudo J Michael DIR 25,000 $65,076
White Mountains Insurance (WTM) Frinquelli Angelo Michael DIR 100 $30,000
Lakeland Bancorp (LBAI) Buonforte Jeffrey VP 1,000 $7,950
Sterling Bancorp (STL) Lazar Robert W DIR 1,000 $7,860
Cheetah Oil & Gas Ltd (COHG) Mcallister Robert CEO,PR,
DIR
100,000 $5,000
Gladstone Commercial (GOOD) Mead Gerard DIR 144 $1,637
Huntsman (HUN) Matlinpatterson LLC & Partnerships BO 7,314,457 $69,507,915
Gap (GPS) Fisher John J BO 500,000 $11,050,750
Finisar (FNSR) Jones Morgan M DIR 5,734,227 $6,581,869
Carnival (CCL) Artsfare 2006 Trust No 2 BO 171,428 $5,522,004
Rackspace Hosting (RAX) Weston Graham M CB,DIR,
BO
100,000 $1,640,210
Berkshire Hathaway (BRK) Bill & Melinda Gates Foundation BO 300 $999,202
Micromet (MITI) Stampacchia Otello DIR 107,500 $819,840
Atheros Communications (ATHR) Meng Teresa H DIR 20,000 $555,018
Arcsight (ARST) Njemanze Hugh VP,CTO 20,000 $463,690
Conmed Healthcare Mgt (CONM) Haft Howard M Md VP,SO 100,000 $328,000

Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. While he cannot provide investment advice or recommendations, Moreland appreciates your feedback; click here to send him an email.

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