H. O. Woltz III, Chairman, President and CEO at INSTEEL INDUSTRIES INC (IIIN), sold 44,554 shares at $40.72 ($1.8M) on 2018-08-15, disclosed to the SEC on 2018-08-16.
Seasonal sale ($1.8M) by Chairman, President and CEO — this insider has traded IIIN in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $42.30 | 3,700 | $157K | 8.6% |
| 2 | $40.72 | 20,335 | $828K | 45.5% |
| 3 | $40.72 | 20,335 | $828K | 45.5% |
| 4 | $40.71 | 184 | $7K | 0.4% |
| Total | $40.85 avg | 44,554 | $1.8M | 100% |
| Filing → |
| IIIN | SELL | 2016-08-31 | $689K | — | Filing → |
| IIIN | SELL | 2016-03-09 | $3.8M | — | Filing → |
| IIIN | SELL | 2016-03-07 | $3.1M | — | Filing → |