Richard W. Connelly, President at MAGNEGAS CORP (MNGA), sold 20,000 shares at $0.35 ($7K) on 2009-08-26, disclosed to the SEC on 2009-09-01.
Open-market sale of $7k MNGA by President. 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 | $0.34 | 3,500 | $1K | 16.3% |
| 2 | $0.35 | 5,000 | $2K | 23.9% |
| 3 | $0.38 | 11,500 | $4K | 59.8% |
| Total | $0.37 avg | 20,000 | $7K | 100% |
| Filing → |
| MNGA | SELL | 2009-07-15 | $5K | — | Filing → |