Gary Steele, Chairman and CEO at PROOFPOINT INC (PFPT), sold 20,000 shares at $103.65 ($2.1M) on 2020-09-16, disclosed to the SEC on 2020-09-18.
Seasonal sale ($2.1M) by Chairman and CEO — this insider has traded PFPT in September in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $102.89 | 5,576 | $574K | 27.8% |
| 2 | $102.89 | 5,576 | $574K | 27.8% |
| 3 | $103.65 | 4,424 | $459K | 22.2% |
| 4 | $103.65 | 4,424 | $459K | 22.2% |
| Total | $103.23 avg | 20,000 | $2.1M | 100% |
| Filing → |
| SPLK | SELL | 2023-09-20 | $1.2M | — | Filing → |
| SPLK | SELL | 2023-07-11 | $1.5M | — | Filing → |
| UPWK | SELL | 2021-05-17 | $285K | — | Filing → |