Avenue Capital Management II, L.P., 10% Owner at PACIFIC DRILLING S.A. (PACD), sold 15,603,544 shares at $0.52 ($8.0M) on 2020-06-12, disclosed to the SEC on 2020-06-15.
Open-market sale of $8.0M PACD by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.47 | 2,411,500 | $1.1M | 14.2% |
| 2 | $0.52 | 6,596,022 | $3.4M | 42.9% |
| 3 | $0.52 | 6,596,022 | $3.4M | 42.9% |
| Total | $0.51 avg | 15,603,544 | $8.0M | 100% |
| Filing → |
| YRCW | SELL | 2013-10-31 | $5.2M | — | Filing → |
| MX | SELL | 2013-09-13 | $35.7M | — | Filing → |
| YRCW | BUY | 2013-08-08 | $4.1M | — | Filing → |