Ken Cheng, CTO & VP Corporate Development at BROCADE COMMUNICATIONS SYSTEMS INC (BRCD), sold 15,000 shares at $10.48 ($155K) on 2014-03-26, disclosed to the SEC on 2014-03-27.
Open-market sale of $155k BRCD by CTO & VP Corporate Development. 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 | $10.41 | 5,000 | $52K | 33.5% |
| 2 | $10.48 | 5,000 | $52K | 33.8% |
| 3 | $10.16 | 5,000 | $51K | 32.7% |
| Total | $10.35 avg | 15,000 | $155K | 100% |
| Filing → |
| BRCD | SELL | 2014-09-18 | $305K | — | Filing → |
| BRCD | SELL | 2014-06-09 | $118K | — | Filing → |
| BRCD | SELL | 2014-06-06 | $459K | — | Filing → |