James M. Whitehurst, CEO & President at RED HAT INC (RHT), sold 52,500 shares at $86.85 ($4.6M) on 2017-04-20, disclosed to the SEC on 2017-04-21.
Seasonal sale ($4.6M) 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 | $86.85 | 26,250 | $2.3M | 50.0% |
| 2 | $86.85 | 26,250 | $2.3M | 50.0% |
| Total | $86.85 avg | 52,500 | $4.6M | 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 → |