Louis Hernandez Jr., Chairman and CEO at OPEN SOLUTIONS INC (OPEN), sold 13,271 shares at $30.07 ($400K) on 2006-08-02, disclosed to the SEC on 2006-08-04.
Scheduled sale ($400k) by Chairman and CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $30.00 | 1,000 | $30K | 7.5% |
| 2 | $30.07 | 2,271 | $68K | 17.1% |
| 3 | $30.07 | 5,000 | $150K | 37.6% |
| 4 | $30.21 | 5,000 | $151K | 37.8% |
| Total | $30.12 avg | 13,271 | $400K | 100% |
| Filing → |
| AVID | BUY | 2016-05-18 | $412K | — | Filing → |
| AVID | BUY | 2016-05-17 | $580K | — | Filing → |
| AVID | BUY | 2016-05-10 | $864K | — | Filing → |