James M. Whitehurst, CEO & President at RED HAT INC (RHT), sold 32,478 shares at $75.62 ($2.5M) on 2016-04-21, disclosed to the SEC on 2016-04-22.
Seasonal sale ($2.5M) by CEO & President — this insider has traded RHT in April in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $75.62 | 16,239 | $1.2M | 50.0% |
| 2 | $75.62 | 16,239 | $1.2M | 50.0% |
| Total | $75.62 avg | 32,478 | $2.5M | 100% |
| Filing → |
| U | SELL | 2024-02-27 | $2.9M | — | Filing → |
| RHT | SELL | 2018-10-18 | $628K | — | Filing → |
| RHT | SELL | 2018-08-08 | $12.6M | — | Filing → |