Opportunities Fund Institutional Lp Corporate, 10% Owner at RELM WIRELESS CORP (RWC), sold 2,583,553 shares at $4.75 ($12.4M) on 2004-11-02, disclosed to the SEC on 2006-01-17.
Open-market sale of $12.4M RWC 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 | $4.75 | 344,300 | $1.6M | 13.1% |
| 2 | $4.75 | 1,855,700 | $8.8M | 70.8% |
| 3 | $5.20 | 60,104 | $313K | 2.5% |
| 4 | $5.20 | 323,449 | $1.7M | 13.5% |
| Total | $4.82 avg | 2,583,553 | $12.4M | 100% |