Michael Hayes, Director at FREDS INC (FRED), sold 21,414 shares at $10.88 ($232K) on 2016-09-07, disclosed to the SEC on 2016-09-08.
Open-market sale of $232k FRED by Director. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $10.77 | 10,000 | $108K | 46.4% |
| 2 | $10.88 | 5,000 | $54K | 23.4% |
| 3 | $10.88 | 5,000 | $54K | 23.4% |
| 4 | $11.00 | 1,414 | $16K | 6.7% |
| Total | $10.84 avg | 21,414 | $232K | 100% |
| Filing → |
| FRED | SELL | 2016-09-13 | $191K | — | Filing → |
| FRED | SELL | 2016-09-09 | $7K | — | Filing → |
| FRED | SELL | 2016-09-07 | $209K | — | Filing → |