Walter Brown Pistor, 10% Owner at SCHMITT INDUSTRIES INC (SMIT), sold 1,018,662 shares at $3.25 ($3.3M) on 2019-12-17, disclosed to the SEC on 2019-12-20.
Open-market sale of $3.3M SMIT 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.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $3.25 | 509,331 | $1.7M | 50.0% |
| 2 | $3.25 | 509,331 | $1.7M | 50.0% |
| Total | $3.25 avg | 1,018,662 | $3.3M | 100% |