David F. Welch, Director at Infinera Corp (INFN), sold 750,000 shares at $9.05 ($6.8M) on 2022-02-24, disclosed to the SEC on 2022-02-28.
Seasonal sale ($6.8M) by Director — this insider has traded INFN in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $9.05 | 150,000 | $1.4M | 19.9% |
| 2 | $9.13 | 200,000 | $1.8M | 26.7% |
| 3 | $9.13 | 200,000 | $1.8M | 26.7% |
| 4 | $9.14 | 200,000 | $1.8M | 26.7% |
| Total | $9.12 avg | 750,000 | $6.8M | 100% |
| Filing → |
| INFN | SELL | 2020-12-16 | $6.1M | — | Filing → |
| INFN | SELL | 2020-12-07 | $2.8M | — | Filing → |
| INFN | SELL | 2020-12-02 | $87K | — | Filing → |