Lloyd Carney, Chief Executive Officer at BROCADE COMMUNICATIONS SYSTEMS INC (BRCD), sold 778,133 shares at $12.40 ($9.6M) on 2016-12-14, disclosed to the SEC on 2016-12-15.
Open-market sale of $9.6M BRCD by Chief Executive Officer. 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 | $12.39 | 128,824 | $1.6M | 16.5% |
| 2 | $12.39 | 128,824 | $1.6M | 16.5% |
| 3 | $12.40 | 520,485 | $6.5M | 66.9% |
| Total | $12.40 avg | 778,133 | $9.6M | 100% |
| Filing → |
| V | SELL | 2024-04-26 | $501K | — | Filing → |
| GDYN | SELL | 2023-11-16 | $214K | — | Filing → |
| V | SELL | 2023-05-01 | $600K | — | Filing → |