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Leucadia National chairman, CEO sells shares

By Associated Press
June 9, 2008 | Comments (0)

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The chairman and chief executive of diversified holding company Leucadia National Corp. sold 650,000 shares of common stock, according to a Securities and Exchange Commission filing Friday.

In a Form 4 filed with the SEC, Ian M. Cumming reported he sold the shares on Wednesday for $48.95 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Leucadia is based in New York, and has its executive offices in Salt Lake City.

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