Gary Steele, Chairman and CEO at PROOFPOINT INC (PFPT), sold 20,000 shares at $112.84 ($2.3M) on 2020-05-21, disclosed to the SEC on 2020-05-22.
Seasonal sale ($2.3M) by Chairman and CEO — this insider has traded PFPT in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $112.84 | 4,989 | $563K | 24.9% |
| 2 | $112.84 | 4,989 | $563K | 24.9% |
| 3 | $113.58 | 5,011 | $569K | 25.1% |
| 4 | $113.58 | 5,011 | $569K | 25.1% |
| Total | $113.21 avg | 20,000 | $2.3M | 100% |
| Filing → |
| SPLK | SELL | 2023-09-20 | $1.2M | — | Filing → |
| SPLK | SELL | 2023-07-11 | $1.5M | — | Filing → |
| UPWK | SELL | 2021-05-17 | $285K | — | Filing → |