Marc D. Scherr, Vice-Chairman & COO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 10,000 shares at $276.64 ($2.8M) on 2018-08-02, disclosed to the SEC on 2018-08-03.
Open-market sale of $2.8M ULTI by Vice-Chairman & COO. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $275.99 | 800 | $221K | 7.9% |
| 2 | $276.64 | 600 | $166K | 5.9% |
| 3 | $277.88 | 550 | $153K | 5.5% |
| 4 | $279.84 | 4,424 | $1.2M | 44.3% |
| 5 | $280.32 | 3,626 | $1.0M | 36.4% |
| Total | $279.41 avg | 10,000 |
| $2.8M |
| 100% |
| Filing → |
| ULTI | SELL | 2017-11-08 | $5.9M | — | Filing → |
| ULTI | SELL | 2017-02-13 | $3.6M | — | Filing → |
| ULTI | SELL | 2017-02-09 | $6.0M | — | Filing → |