Arcadian Energy, Inc., 10% Owner at New Concept Energy, Inc. (GBR), sold 217,000 shares at $2.51 ($560K) on 2016-10-04, disclosed to the SEC on 2016-10-27.
Open-market sale of $560k GBR 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 | $2.77 | 28,647 | $79K | 14.2% |
| 2 | $2.77 | 28,647 | $79K | 14.2% |
| 3 | $2.51 | 79,853 | $200K | 35.8% |
| 4 | $2.51 | 79,853 | $200K | 35.8% |
| Total | $2.58 avg | 217,000 | $560K | 100% |
| Filing → |
| GBR | SELL | 2016-10-27 | $1.0M | — | Filing → |
| GBR | SELL | 2016-10-17 | $300K | — | Filing → |
| GBR | SELL | 2016-10-13 | $110K | — | Filing → |