Canyon Exploration L.p. Neo, 10% Owner at Approach Resources Inc (AREX), sold 4,239,243 shares at $11.16 ($47.3M) on 2007-11-16, disclosed to the SEC on 2007-11-16.
Open-market sale of $47.3M AREX 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 | $11.16 | 2,021,148 | $22.6M | 47.7% |
| 2 | $11.16 | 2,061,290 | $23.0M | 48.6% |
| 3 | $11.16 | 156,805 | $1.7M | 3.7% |
| Total | $11.16 avg | 4,239,243 | $47.3M | 100% |