James M. Whitehurst, CEO & President at RED HAT INC (RHT), sold 12,243 shares at $120.36 ($1.5M) on 2017-10-17, disclosed to the SEC on 2017-10-18.
Seasonal sale ($1.5M) by CEO & President — this insider has traded RHT 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 | $120.89 | 3,821 | $462K | 31.3% |
| 2 | $120.36 | 4,211 | $507K | 34.3% |
| 3 | $120.36 | 4,211 | $507K | 34.3% |
| Total | $120.53 avg | 12,243 | $1.5M | 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 → |