Brett D. Nicholas, President at REDWOOD TRUST INC (RWT), sold 11,572 shares at $12.79 ($148K) on 2016-05-02, disclosed to the SEC on 2016-05-03.
Seasonal sale ($148k) by President — this insider has traded RWT in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $12.79 | 5,786 | $74K | 50.0% |
| 2 | $12.79 | 5,786 | $74K | 50.0% |
| Total | $12.79 avg | 11,572 | $148K | 100% |
| Filing → |
| RWT | SELL | 2014-05-02 | $166K | — | Filing → |
| RWT | SELL | 2008-05-30 | $205K | — | Filing → |