Jason A. Mendelson, 10% Owner at FITBIT INC (FIT), sold 4,228,523 shares at $29.00 ($122.6M) on 2015-11-18, disclosed to the SEC on 2015-11-20.
Open-market sale of $122.6M FIT 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 | $29.00 | 543,649 | $15.8M | 12.9% |
| 2 | $29.00 | 3,684,874 | $106.9M | 87.1% |
| Total | $29.00 avg | 4,228,523 | $122.6M | 100% |