Robert Manne, Senior VP, General Counsel at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 40,000 shares at $176.01 ($6.9M) on 2016-03-08, disclosed to the SEC on 2016-03-08.
Open-market sale of $6.9M ULTI by Senior VP, General Counsel. 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $173.13 | 12,784 | $2.2M | 31.8% |
| 2 | $173.13 | 12,784 | $2.2M | 31.8% |
| 3 | $174.20 | 4,646 | $809K | 11.6% |
| 4 | $174.20 | 4,646 | $809K | 11.6% |
| 5 | $176.01 | 2,570 | $452K | 6.5% |
| 6 | $176.01 | 2,570 |
| $452K |
| 6.5% |
| Total | $173.75 avg | 40,000 | $6.9M | 100% |
| Filing → |
| ULTI | SELL | 2018-05-04 | $1.2M | — | Filing → |
| ULTI | SELL | 2018-02-08 | $1.9M | — | Filing → |
| ULTI | SELL | 2017-11-06 | $2.1M | — | Filing → |