Charles Wade Chambers, EVP Engineering at PROOFPOINT INC (PFPT), sold 85,000 shares at $14.12 ($1.2M) on 2013-03-05, disclosed to the SEC on 2013-03-07.
Open-market sale of $1.2M PFPT by EVP Engineering. 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.
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