Gary Steele, Chairman and CEO at PROOFPOINT INC (PFPT), sold 39,600 shares at $109.97 ($4.3M) on 2020-04-07, disclosed to the SEC on 2020-04-08.
Seasonal sale ($4.3M) by Chairman and CEO — this insider has traded PFPT in April in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $107.30 | 2,894 | $311K | 7.2% |
| 2 | $107.30 | 2,894 | $311K | 7.2% |
| 3 | $108.32 | 4,687 | $508K | 11.8% |
| 4 | $108.32 | 4,687 | $508K | 11.8% |
| 5 | $109.28 | 9,914 | $1.1M | 25.1% |
| 6 | $109.28 | 9,914 |
| $1.1M |
| 25.1% |
| 7 | $109.97 | 2,105 | $231K | 5.4% |
| 8 | $109.97 | 2,105 | $231K | 5.4% |
| 9 | $110.87 | 300 | $33K | 0.8% |
| 10 | $112.01 | 100 | $11K | 0.3% |
| Total | $108.86 avg | 39,600 | $4.3M | 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 → |