Christopher Lyon, Chief Revenue Officer at MODEL N, INC. (MODN), sold 9,264 shares at $28.63 ($265K) on 2023-05-16, disclosed to the SEC on 2023-05-18.
Seasonal sale ($265k) by Chief Revenue Officer — this insider has traded MODN in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $28.63 | 531 | $15K | 5.7% |
| 2 | $28.63 | 710 | $20K | 7.7% |
| 3 | $28.63 | 893 | $26K | 9.6% |
| 4 | $28.63 | 1,402 | $40K | 15.1% |
| 5 | $28.63 | 2,864 | $82K | 30.9% |
| 6 | $28.63 | 2,864 |
| $82K |
| 30.9% |
| Total | $28.63 avg | 9,264 | $265K | 100% |
| Filing → |
| MODN | SELL | 2024-03-15 | $410K | — | Filing → |
| MODN | SELL | 2024-02-21 | $305K | — | Filing → |
| MODN | SELL | 2023-12-22 | $492K | — | Filing → |