James M. Whitehurst, CEO & President at RED HAT INC (RHT), sold 12,472 shares at $85.81 ($1.1M) on 2017-04-18, disclosed to the SEC on 2017-04-19.
Seasonal sale ($1.1M) by CEO & President — this insider has traded RHT in April in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $86.17 | 2,912 | $251K | 23.4% |
| 2 | $85.81 | 4,780 | $410K | 38.3% |
| 3 | $85.81 | 4,780 | $410K | 38.3% |
| Total | $85.89 avg | 12,472 | $1.1M | 100% |
| Filing → |
| U | SELL | 2024-02-27 | $2.9M | — | Filing → |
| RHT | SELL | 2018-10-18 | $628K | — | Filing → |
| RHT | SELL | 2018-08-08 | $12.6M | — | Filing → |