Gary Steele, Chairman and CEO at PROOFPOINT INC (PFPT), sold 20,000 shares at $114.29 ($2.3M) on 2020-06-09, disclosed to the SEC on 2020-06-10.
Seasonal sale ($2.3M) by Chairman and CEO — this insider has traded PFPT in June in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $114.29 | 1,250 | $143K | 6.2% |
| 2 | $114.29 | 1,250 | $143K | 6.2% |
| 3 | $115.49 | 5,130 | $592K | 25.6% |
| 4 | $115.49 | 5,130 | $592K | 25.6% |
| 5 | $116.01 | 3,620 | $420K | 18.2% |
| 6 | $116.01 | 3,620 |
| $420K |
| 18.2% |
| Total | $115.53 avg | 20,000 | $2.3M | 100% |
| Filing → |
| SPLK | SELL | 2023-09-20 | $1.2M | — | Filing → |
| SPLK | SELL | 2023-07-11 | $1.5M | — | Filing → |
| UPWK | SELL | 2021-05-17 | $285K | — | Filing → |