Louis Hernandez Jr., Chairman and CEO at OPEN SOLUTIONS INC (OPEN), sold 14,500 shares at $30.39 ($439K) on 2006-10-12, disclosed to the SEC on 2006-10-13.
Scheduled sale ($439k) by Chairman and CEO 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 | $30.00 | 1,500 | $45K | 10.3% |
| 2 | $30.02 | 1,000 | $30K | 6.8% |
| 3 | $30.04 | 1,000 | $30K | 6.8% |
| 4 | $30.08 | 1,000 | $30K | 6.9% |
| 5 | $30.09 | 1,000 | $30K | 6.9% |
| 6 | $30.10 | 2,000 |
| $60K |
| 13.7% |
| 7 | $30.24 | 1,000 | $30K | 6.9% |
| 8 | $30.39 | 1,000 | $30K | 6.9% |
| 9 | $30.44 | 1,000 | $30K | 6.9% |
| 10 | $30.53 | 1,000 | $31K | 7.0% |
| 11 | $30.60 | 1,000 | $31K | 7.0% |
| 12 | $30.61 | 1,000 | $31K | 7.0% |
| 13 | $30.63 | 1,000 | $31K | 7.0% |
| Total | $30.27 avg | 14,500 | $439K | 100% |
| Filing → |
| AVID | BUY | 2016-05-18 | $412K | — | Filing → |
| AVID | BUY | 2016-05-17 | $580K | — | Filing → |
| AVID | BUY | 2016-05-10 | $864K | — | Filing → |