Mitchell K. Dauerman, Executive VP, CFO and Treasurer at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 25,590 shares at $209.63 ($5.4M) on 2016-11-08, disclosed to the SEC on 2016-11-08.
Open-market sale of $5.4M ULTI by Executive VP, CFO and Treasurer. 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $207.32 | 2,626 | $544K | 10.1% |
| 2 | $207.75 | 570 | $118K | 2.2% |
| 3 | $208.39 | 4,719 | $983K | 18.3% |
| 4 | $208.57 | 900 | $188K | 3.5% |
| 5 | $209.63 | 4,430 | $929K | 17.3% |
| 6 | $209.87 | 900 |
| $189K |
| 3.5% |
| 7 | $210.59 | 4,742 | $999K | 18.6% |
| 8 | $211.01 | 1,000 | $211K | 3.9% |
| 9 | $211.52 | 3,146 | $665K | 12.4% |
| 10 | $212.54 | 400 | $85K | 1.6% |
| 11 | $212.65 | 2,157 | $459K | 8.5% |
| Total | $209.86 avg | 25,590 | $5.4M | 100% |
| Filing → |
| ULTI | SELL | 2017-11-08 | $3.0M | — | Filing → |
| ULTI | SELL | 2016-11-08 | $5.7M | — | Filing → |
| ULTI | SELL | 2016-11-08 | $4.4M | — | Filing → |