Marc D. Scherr, Vice-Chairman & COO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 25,000 shares at $90.53 ($2.2M) on 2012-08-02, disclosed to the SEC on 2012-08-03.
Open-market sale of $2.2M ULTI by Vice-Chairman & COO. 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 | $89.56 | 20,300 | $1.8M | 81.0% |
| 2 | $90.53 | 4,700 | $425K | 19.0% |
| Total | $89.74 avg | 25,000 | $2.2M | 100% |
| Filing → |
| ULTI | SELL | 2018-02-13 | $37.4M | — | Filing → |
| ULTI | SELL | 2017-11-08 | $5.9M | — | Filing → |
| ULTI | SELL | 2017-02-13 | $3.6M | — | Filing → |