Scott Scherr, Chairman, President and CEO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 56,760 shares at $58.20 ($3.4M) on 2011-10-27, disclosed to the SEC on 2011-10-31.
Open-market sale of $3.4M ULTI by Chairman, President and CEO. 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 | $58.20 | 14,260 | $830K | 24.6% |
| 2 | $59.57 | 25,592 | $1.5M | 45.2% |
| 3 | $60.24 | 16,908 | $1.0M | 30.2% |
| Total | $59.43 avg | 56,760 | $3.4M | 100% |
| Filing → |
| ULTI | SELL | 2017-11-08 | $8.5M | — | Filing → |
| ULTI | SELL | 2017-02-13 | $8.6M | — | Filing → |
| ULTI | SELL | 2017-02-09 | $6.0M | — | Filing → |