Matthew B. Proman, 10% Owner at Professional Diversity Network, Inc. (IPDN), sold 786,751 shares at $0.65 ($511K) on 2016-06-15, disclosed to the SEC on 2016-06-20.
Open-market sale of $511k IPDN 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 | $0.63 | 25,151 | $16K | 3.1% |
| 2 | $0.65 | 379,163 | $246K | 48.2% |
| 3 | $0.65 | 379,163 | $246K | 48.2% |
| 4 | $0.63 | 3,274 | $2K | 0.4% |
| Total | $0.65 avg | 786,751 | $511K | 100% |