Patrick T. Ortiz, Senior VP, General COUNSEL at PNM RESOURCES INC (PNM), sold 34,599 shares at $25.03 ($866K) on 2006-05-12, disclosed to the SEC on 2006-05-12.
Open-market sale of $866k PNM by Senior VP, General COUNSEL. 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 | $25.03 | 6,099 | $153K | 17.6% |
| 2 | $25.03 | 28,500 | $713K | 82.4% |
| Total | $25.03 avg | 34,599 | $866K | 100% |