Louis Hernandez Jr., Chairman and CEO at OPEN SOLUTIONS INC (OPEN), sold 8,000 shares at $30.15 ($240K) on 2006-05-03, disclosed to the SEC on 2006-05-05.
Scheduled sale ($240k) by Chairman and CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $30.00 | 2,000 | $60K | 24.9% |
| 2 | $30.00 | 1,000 | $30K | 12.5% |
| 3 | $30.02 | 1,000 | $30K | 12.5% |
| 4 | $30.06 | 200 | $6K | 2.5% |
| 5 | $30.15 | 1,000 | $30K | 12.5% |
| 6 | $30.01 | 1,000 |
| $30K |
| 12.5% |
| 7 | $30.15 | 800 | $24K | 10.0% |
| 8 | $30.18 | 1,000 | $30K | 12.5% |
| Total | $30.06 avg | 8,000 | $240K | 100% |
| Filing → |
| AVID | BUY | 2016-05-18 | $412K | — | Filing → |
| AVID | BUY | 2016-05-17 | $580K | — | Filing → |
| AVID | BUY | 2016-05-10 | $864K | — | Filing → |