David Novak, SVP and Chief Administration Officer at RAILAMERICA INC /DE (RA), sold 99,179 shares at $27.50 ($2.7M) on 2012-10-01, disclosed to the SEC on 2012-10-02.
Open-market sale of $2.7M RA by SVP and Chief Administration Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.