F. Wayne Pate, Director at GOLDEN ENTERPRISES INC (GLDC), sold 5,991,945 shares at $12.00 ($71.9M) on 2016-09-30, disclosed to the SEC on 2016-10-04.
Open-market sale of $71.9M GLDC by Director. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $12.00 | 24,653 | $296K | 0.4% |
| 2 | $12.00 | 135,885 | $1.6M | 2.3% |
| 3 | $12.00 | 600,279 | $7.2M | 10.0% |
| 4 | $12.00 | 5,231,128 | $62.8M | 87.3% |
| Total | $12.00 avg | 5,991,945 | $71.9M | 100% |