Capital L. P. Vertigo, 10% Owner at SUMMIT FINANCIAL SERVICES GROUP INC (SFNS), sold 2,351,652 shares at $0.75 ($1.8M) on 2012-12-31, disclosed to the SEC on 2013-01-02.
Open-market sale of $1.8M SFNS 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 | $0.75 | 8,000 | $6K | 0.3% |
| 2 | $0.75 | 85,900 | $64K | 3.7% |
| 3 | $0.75 | 112,400 | $84K | 4.8% |
| 4 | $0.75 | 2,145,352 | $1.6M | 91.2% |
| Total | $0.75 avg | 2,351,652 | $1.8M | 100% |