Management Trust I. Rho, 10% Owner at Vanda Pharmaceuticals Inc. (VNDA), sold 540,000 shares at $14.96 ($8.1M) on 2006-11-15, disclosed to the SEC on 2006-11-17.
Open-market sale of $8.1M VNDA 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 | $14.96 | 500,000 | $7.5M | 92.5% |
| 2 | $15.23 | 40,000 | $609K | 7.5% |
| Total | $14.98 avg | 540,000 | $8.1M | 100% |