Raymond R. Schansman, Senior VP and GM Enterprise Networ at ADTRAN INC (ADTN), sold 36,373 shares at $42.00 ($1.5M) on 2011-01-26, disclosed to the SEC on 2011-01-28.
Open-market sale of $1.5M ADTN by Senior VP and GM Enterprise Networ. 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 | $42.00 | 7,916 | $332K | 21.5% |
| 2 | $42.25 | 3,394 | $143K | 9.3% |
| 3 | $42.25 | 9,606 | $406K | 26.3% |
| 4 | $42.96 | 15,457 | $664K | 43.0% |
| Total | $42.50 avg | 36,373 | $1.5M | 100% |
| Filing → |
| ADTN | SELL | 2010-07-20 | $944K | — | Filing → |
| ADTN | SELL | 2010-02-25 | $60K | — | Filing → |
| ADTN | SELL | 2009-04-21 | $408K | — | Filing → |