William J. Gervais, 10% Owner at QUALSTAR CORP (QBAK), sold 20,000 shares at $4.00 ($77K) on 2016-07-01, disclosed to the SEC on 2016-07-07.
Open-market sale of $77k QBAK 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 | $3.70 | 5,000 | $19K | 24.0% |
| 2 | $3.80 | 5,000 | $19K | 24.7% |
| 3 | $3.90 | 5,000 | $20K | 25.3% |
| 4 | $4.00 | 5,000 | $20K | 26.0% |
| Total | $3.85 avg | 20,000 | $77K | 100% |
| Filing → |
| QBAK | SELL | 2017-11-01 | $73K | — | Filing → |
| QBAK | SELL | 2017-10-27 | $71K | — | Filing → |
| QBAK | SELL | 2017-09-11 | $146K | — | Filing → |