Gary Steele, Chairman and CEO at PROOFPOINT INC (PFPT), sold 20,000 shares at $110.62 ($2.2M) on 2020-08-27, disclosed to the SEC on 2020-08-28.
Seasonal sale ($2.2M) by Chairman and CEO — this insider has traded PFPT in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $110.62 | 3,829 | $424K | 19.1% |
| 2 | $110.62 | 3,829 | $424K | 19.1% |
| 3 | $111.33 | 6,171 | $687K | 30.9% |
| 4 | $111.33 | 6,171 | $687K | 30.9% |
| Total | $111.06 avg | 20,000 | $2.2M | 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 → |