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Actionable news in LM: LEGG MASON Inc,

Legg Mason insider just disposed of 10,526,153 shares

Fund Management, Trian, an insider of Legg Mason, recently disposed of 10,526,153 shares of the company. The disposals took place at $32.00 per share, on April 11, 2016. Trian now owns just 513,743 shares of the company. Trian operates out of New York, NY. Some additional info was provided as follows:

Trian Fund Management GP, LLC is the general partner of Trian Fund Management, L.P, which serves as the management company for Trian Partners, L.P. ("Trian Onshore"), Trian Partners Master Fund, L.P. ("Trian Offshore"), Trian Partners Parallel Fund I, L.P. ("Parallel Fund I"), Trian Partners Master Fund (ERISA), L.P. ("Trian ERISA Fund"), Trian Partners Strategic Investment Fund, L.P. ("Strategic Fund" ) and Trian Partners Strategic Investment Fund-A, L.P. ("Strategic F und-A"). (FN 1...