Mark W. McCutcheon, CEO and President at GOLDEN ENTERPRISES INC (GLDC), sold 5,835,223 shares at $12.00 ($70.0M) on 2016-09-30, disclosed to the SEC on 2016-10-04.
Open-market sale of $70.0M GLDC by CEO and President. 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 | $12.00 | 3,816 | $46K | 0.1% |
| 2 | $12.00 | 600,279 | $7.2M | 10.3% |
| 3 | $12.00 | 5,231,128 | $62.8M | 89.6% |
| Total | $12.00 avg | 5,835,223 | $70.0M | 100% |