Mitchell K. Dauerman, Executive VP, CFO and Treasurer at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 27,282 shares at $59.61 ($1.6M) on 2011-10-27, disclosed to the SEC on 2011-10-31.
Open-market sale of $1.6M ULTI by Executive VP, CFO and Treasurer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $58.14 | 3,500 | $203K | 12.5% |
| 2 | $59.61 | 5,610 | $334K | 20.5% |
| 3 | $60.15 | 18,172 | $1.1M | 67.0% |
| Total | $59.78 avg | 27,282 | $1.6M | 100% |
| Filing → |
| ULTI | SELL | 2016-11-08 | $5.7M | — | Filing → |
| ULTI | SELL | 2016-02-17 | $1.9M | — | Filing → |
| ULTI | SELL | 2015-11-12 | $3.3M | — | Filing → |