Gary Steele, Chief Executive Officer at PROOFPOINT INC (PFPT), sold 34,700 shares at $117.65 ($4.1M) on 2019-08-13, disclosed to the SEC on 2019-08-15.
Seasonal sale ($4.1M) by Chief Executive Officer — this insider has traded PFPT in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $114.00 | 1,600 | $182K | 4.5% |
| 2 | $115.62 | 3,700 | $428K | 10.5% |
| 3 | $116.76 | 5,539 | $647K | 15.9% |
| 4 | $116.76 | 5,539 | $647K | 15.9% |
| 5 | $117.65 | 9,161 | $1.1M | 26.6% |
| 6 | $117.65 | 9,161 |
| $1.1M |
| 26.6% |
| Total | $116.98 avg | 34,700 | $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 → |