Mark B. Slaughter, Chief Executive Officer & President at RigNet, Inc. (RNET), sold 25,000 shares at $55.02 ($1.4M) on 2014-03-24, disclosed to the SEC on 2014-03-26.
Seasonal sale ($1.4M) by Chief Executive Officer & President — this insider has traded RNET in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $55.02 | 11,802 | $649K | 47.5% |
| 2 | $54.55 | 8,394 | $458K | 33.5% |
| 3 | $53.78 | 4,500 | $242K | 17.7% |
| 4 | $54.63 | 304 | $17K | 1.2% |
| Total | $54.63 avg | 25,000 | $1.4M | 100% |
| Filing → |
| RNET | SELL | 2014-03-07 | $44K | — | Filing → |
| RNET | SELL | 2013-10-23 | $1.4M | — | Filing → |
| RNET | SELL | 2013-03-18 | $230K | — | Filing → |