Riley McCormack, 10% Owner at ARCA biopharma, Inc. (ABIO), sold 350,000 shares at $0.75 ($268K) on 2015-01-16, disclosed to the SEC on 2015-01-16.
Open-market sale of $268k ABIO by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.79 | 125,000 | $99K | 36.9% |
| 2 | $0.75 | 125,000 | $94K | 35.0% |
| 3 | $0.75 | 100,000 | $75K | 28.0% |
| Total | $0.76 avg | 350,000 | $268K | 100% |
| Filing → |
| ABIO | SELL | 2015-01-07 | $504K | — | Filing → |
| ABIO | BUY | 2014-02-04 | $1.7M | — | Filing → |