Gary Steele, Chief Executive Officer at PROOFPOINT INC (PFPT), sold 35,300 shares at $115.82 ($4.1M) on 2020-02-26, disclosed to the SEC on 2020-02-27.
Seasonal sale ($4.1M) by Chief Executive Officer — this insider has traded PFPT in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $115.82 | 5,084 | $589K | 14.3% |
| 2 | $115.82 | 5,084 | $589K | 14.3% |
| 3 | $116.51 | 8,267 | $963K | 23.4% |
| 4 | $116.51 | 8,267 | $963K | 23.4% |
| 5 | $117.82 | 4,700 | $554K | 13.4% |
| 6 | $118.66 | 1,949 |
| $231K |
| 5.6% |
| 7 | $118.66 | 1,949 | $231K | 5.6% |
| Total | $116.72 avg | 35,300 | $4.1M | 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 → |