How convenient!On Sep 8, Reid sells about 200,000 shares at an average of $37.54.http://www.insider-alerts.com/Data/20110912/0001209191-11-047525.xml
Of more concern is the loss of another buck in the Brent/WTI spread.
Read the notes. Those were sales from the "aggregate holdings of the Reid Family Limited Partnership" and not his personal shares.
Doesn't matter in my mind - whether it was direct or an indirect relationship...exactly the same reasoning why the SEC requires the filing.