James M. Whitehurst, CEO & President at RED HAT INC (RHT), sold 50,952 shares at $159.04 ($8.1M) on 2018-04-20, disclosed to the SEC on 2018-04-24.
Seasonal sale ($8.1M) by CEO & President — this insider has traded RHT in April in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $159.04 | 28,550 | $4.5M | 55.9% |
| 2 | $159.93 | 11,201 | $1.8M | 22.1% |
| 3 | $159.93 | 11,201 | $1.8M | 22.1% |
| Total | $159.43 avg | 50,952 | $8.1M | 100% |
| Filing → |
| U | SELL | 2024-02-27 | $2.9M | — | Filing → |
| RHT | SELL | 2018-10-18 | $628K | — | Filing → |
| RHT | SELL | 2018-08-08 | $12.6M | — | Filing → |