Mitchell K. Dauerman, Executive VP, CFO and Treasurer at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 12,064 shares at $161.81 ($1.9M) on 2016-02-16, disclosed to the SEC on 2016-02-17.
Open-market sale of $1.9M 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 | $156.42 | 900 | $141K | 7.3% |
| 2 | $157.74 | 1,300 | $205K | 10.7% |
| 3 | $158.57 | 4,064 | $644K | 33.5% |
| 4 | $159.72 | 2,600 | $415K | 21.6% |
| 5 | $160.91 | 1,100 | $177K | 9.2% |
| 6 | $161.81 | 2,100 |
| $340K |
| 17.7% |
| Total | $159.35 avg | 12,064 | $1.9M | 100% |