M. Richard Rosenblatt, CEO & Chairman of the Board at DEMAND MEDIA INC. (DMD), sold 150,000 shares at $8.03 ($1.2M) on 2013-02-21, disclosed to the SEC on 2013-02-25.
Scheduled sale ($1.2M) by CEO & Chairman of the Board under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $8.03 | 124,940 | $1.0M | 83.4% |
| 2 | $7.93 | 60 | $476 | 0.0% |
| 3 | $7.96 | 25,000 | $199K | 16.5% |
| Total | $8.02 avg | 150,000 | $1.2M | 100% |
| Filing → |
| DMD | SELL | 2012-12-13 | $1.4M | — | Filing → |
| DMD | SELL | 2012-11-09 | $1.3M | — | Filing → |
| DMD | SELL | 2012-10-17 | $1.5M | — | Filing → |