Opportunity Institutional Lp Sanders, 10% Owner at RigNet, Inc. (RNET), sold 458,303 shares at $11.16 ($4.1M) on 2010-12-20, disclosed to the SEC on 2010-12-22.
Open-market sale of $4.1M 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 | $0.04 | 20,431 | $817 | 0.0% |
| 2 | $1.20 | 76,284 | $92K | 2.3% |
| 3 | $7.00 | 14,722 | $103K | 2.5% |
| 4 | $11.16 | 17,077 | $191K | 4.7% |
| 5 | $11.16 | 22,023 | $246K | 6.0% |
| 6 | $11.16 | 57,688 |
| $644K |
| 15.8% |
| 7 | $11.16 | 104,722 | $1.2M | 28.7% |
| 8 | $11.16 | 145,356 | $1.6M | 39.9% |
| Total | $8.87 avg | 458,303 | $4.1M | 100% |