Gary Steele, Chairman and CEO at PROOFPOINT INC (PFPT), sold 19,600 shares at $104.78 ($2.1M) on 2020-10-06, disclosed to the SEC on 2020-10-07.
Seasonal sale ($2.1M) by Chairman and CEO — this insider has traded PFPT in October in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $104.78 | 4,331 | $454K | 22.0% |
| 2 | $104.78 | 4,331 | $454K | 22.0% |
| 3 | $105.83 | 5,269 | $558K | 27.0% |
| 4 | $105.83 | 5,269 | $558K | 27.0% |
| 5 | $106.31 | 400 | $43K | 2.1% |
| Total | $105.38 avg | 19,600 |
| $2.1M |
| 100% |
| Filing → |
| SPLK | SELL | 2023-09-20 | $1.2M | — | Filing → |
| SPLK | SELL | 2023-07-11 | $1.5M | — | Filing → |
| UPWK | SELL | 2021-05-17 | $285K | — | Filing → |