Opportunity Institutional Lp Sanders, 10% Owner at RigNet, Inc. (RNET), sold 24,208 shares at $11.16 ($44K) on 2010-12-20, disclosed to the SEC on 2011-01-04.
Open-market sale of $44k RNET by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $11.16 | 1,643 | $18K | 42.0% |
| 2 | $11.16 | 2,198 | $25K | 56.2% |
| 3 | $0.04 | 20,367 | $815 | 1.9% |
| Total | $1.80 avg | 24,208 | $44K | 100% |