Riley McCormack, 10% Owner at ARCA biopharma, Inc. (ABIO), sold 550,000 shares at $0.97 ($504K) on 2015-01-05, disclosed to the SEC on 2015-01-07.
Open-market sale of $504k ABIO by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.97 | 150,000 | $146K | 28.9% |
| 2 | $0.92 | 200,000 | $184K | 36.5% |
| 3 | $0.87 | 200,000 | $174K | 34.6% |
| Total | $0.92 avg | 550,000 | $504K | 100% |
| Filing → |
| ABIO | SELL | 2015-01-16 | $268K | — | Filing → |
| ABIO | BUY | 2014-02-04 | $1.7M | — | Filing → |