Michael C. Gazmarian, Vice President and CFO at INSTEEL INDUSTRIES INC (IIIN), sold 51,324 shares at $20.27 ($1.3M) on 2016-02-19, disclosed to the SEC on 2016-02-22.
Open-market sale of $1.3M IIIN by Vice President and CFO. 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 | $20.27 | 2,549 | $52K | 4.0% |
| 2 | $25.33 | 48,775 | $1.2M | 96.0% |
| Total | $25.08 avg | 51,324 | $1.3M | 100% |
| Filing → |
| IIIN | SELL | 2016-09-09 | $317K | — | Filing → |
| IIIN | SELL | 2016-07-28 | $2.1M | — | Filing → |
| IIIN | SELL | 2016-03-02 | $699K | — | Filing → |