James M. Whitehurst, CEO & President at RED HAT INC (RHT), sold 26,516 shares at $98.02 ($2.6M) on 2017-07-18, disclosed to the SEC on 2017-07-19.
Seasonal sale ($2.6M) by CEO & President — this insider has traded RHT in July in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $98.53 | 8,272 | $815K | 31.3% |
| 2 | $98.02 | 9,122 | $894K | 34.3% |
| 3 | $98.02 | 9,122 | $894K | 34.3% |
| Total | $98.18 avg | 26,516 | $2.6M | 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 → |