Michael D. Tofias, 10% Owner at SURGE COMPONENTS INC (SPRS), sold 129,500 shares at $0.49 ($64K) on 2010-10-18, disclosed to the SEC on 2010-10-20.
Open-market sale of $64k SPRS by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.45 | 45,000 | $20K | 31.8% |
| 2 | $0.49 | 50,000 | $25K | 38.4% |
| 3 | $0.55 | 34,500 | $19K | 29.8% |
| Total | $0.49 avg | 129,500 | $64K | 100% |
| Filing → |
| SPRS | SELL | 2010-12-17 | $14K | — | Filing → |
| SPRS | SELL | 2010-11-10 | $30K | — | Filing → |
| SPRS | SELL | 2010-11-05 | $18K | — | Filing → |