Michael Wallace Management, LLC, 10% Owner, Director, Ten Percent Owner Other at RSP Permian, Inc. (RSPP), sold 141,700 shares at $30.02 ($4.3M) on 2016-04-12, disclosed to the SEC on 2016-04-14.
Open-market sale of $4.3M RSPP by 10% Owner, Director, Ten Percent Owner Other. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $30.02 | 10,600 | $318K | 7.3% |
| 2 | $30.75 | 65,550 | $2.0M | 46.3% |
| 3 | $30.75 | 65,550 | $2.0M | 46.3% |
| Total | $30.70 avg | 141,700 | $4.3M | 100% |