Louis Hernandez Jr., Chairman and CEO at OPEN SOLUTIONS INC (OPEN), sold 9,000 shares at $27.05 ($241K) on 2006-04-03, disclosed to the SEC on 2006-04-04.
Scheduled sale ($241k) 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 | $26.56 | 1,500 | $40K | 16.5% |
| 2 | $26.58 | 1,000 | $27K | 11.0% |
| 3 | $26.61 | 1,000 | $27K | 11.0% |
| 4 | $26.65 | 1,000 | $27K | 11.0% |
| 5 | $26.75 | 1,000 | $27K | 11.1% |
| 6 | $27.03 | 1,000 |
| $27K |
| 11.2% |
| 7 | $27.03 | 500 | $14K | 5.6% |
| 8 | $27.05 | 500 | $14K | 5.6% |
| 9 | $27.06 | 500 | $14K | 5.6% |
| 10 | $27.13 | 500 | $14K | 5.6% |
| 11 | $27.17 | 500 | $14K | 5.6% |
| Total | $26.80 avg | 9,000 | $241K | 100% |
| Filing → |
| AVID | BUY | 2016-05-18 | $412K | — | Filing → |
| AVID | BUY | 2016-05-17 | $580K | — | Filing → |
| AVID | BUY | 2016-05-10 | $864K | — | Filing → |