Louis J. Scotti, VP, Marketing and Business Development at ARENA PHARMACEUTICALS INC (ARNA), sold 10,000 shares at $10.37 ($104K) on 2006-08-01, disclosed to the SEC on 2006-08-01.
Open-market sale of $104k ARNA by VP, Marketing and Business Development. 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 | $10.36 | 8,200 | $85K | 81.9% |
| 2 | $10.37 | 400 | $4K | 4.0% |
| 3 | $10.45 | 1,400 | $15K | 14.1% |
| Total | $10.37 avg | 10,000 | $104K | 100% |
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