Amit Munshi, President and CEO at ARENA PHARMACEUTICALS INC (ARNA), sold 119,600 shares at $55.00 ($6.8M) on 2020-05-21, disclosed to the SEC on 2020-05-22.
Open-market sale of $6.8M ARNA by President and CEO. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $55.00 | 50,000 | $2.8M | 40.5% |
| 2 | $56.67 | 5,390 | $305K | 4.5% |
| 3 | $56.67 | 5,390 | $305K | 4.5% |
| 4 | $57.52 | 9,017 | $519K | 7.6% |
| 5 | $57.52 | 9,017 | $519K | 7.6% |
| 6 | $58.61 | 13,931 |
| $816K |
| 12.0% |
| 7 | $58.61 | 13,931 | $816K | 12.0% |
| 8 | $59.12 | 6,462 | $382K | 5.6% |
| 9 | $59.12 | 6,462 | $382K | 5.6% |
| Total | $56.82 avg | 119,600 | $6.8M | 100% |
| Filing → |
| ZURA | BUY | 2023-06-05 | $1000K | — | Filing → |
| ARNA | BUY | 2021-08-17 | $48K | — | Filing → |
| ARNA | BUY | 2021-08-13 | $50K | — | Filing → |