Gary Steele, Chief Executive Officer at PROOFPOINT INC (PFPT), sold 34,050 shares at $123.90 ($4.2M) on 2019-09-12, disclosed to the SEC on 2019-09-13.
Seasonal sale ($4.2M) by Chief Executive Officer — this insider has traded PFPT in September in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $123.90 | 10,585 | $1.3M | 30.9% |
| 2 | $123.90 | 10,585 | $1.3M | 30.9% |
| 3 | $124.98 | 3,465 | $433K | 10.2% |
| 4 | $124.98 | 3,465 | $433K | 10.2% |
| 5 | $125.88 | 2,850 | $359K | 8.5% |
| 6 | $126.70 | 3,100 |
| $393K |
| 9.3% |
| Total | $124.54 avg | 34,050 | $4.2M | 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 → |