Reserve Fund Xi L. P. First, 10% Owner at Cobalt International Energy, Inc. (CIE), sold 15,832,304 shares at $26.62 ($421.5M) on 2013-05-10, disclosed to the SEC on 2013-05-14.
Open-market sale of $421.5M CIE by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $26.62 | 3,965,765 | $105.6M | 25.0% |
| 2 | $26.62 | 11,866,539 | $315.9M | 75.0% |
| Total | $26.62 avg | 15,832,304 | $421.5M | 100% |