John Noellert, VP, World Wide Sales at ADAPTEC INC (ADPT), sold 75,671 shares at $3.25 ($246K) on 2009-11-11, disclosed to the SEC on 2009-11-12.
Open-market sale of $246k ADPT by VP, World Wide Sales. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $3.25 | 10,000 | $33K | 13.2% |
| 2 | $3.25 | 31,620 | $103K | 41.8% |
| 3 | $3.25 | 34,051 | $111K | 45.0% |
| Total | $3.25 avg | 75,671 | $246K | 100% |