William A. Shipp Jr., Director at FIRST ACCEPTANCE CORP /DE/ (FAC), sold 10,000 shares at $2.03 ($21K) on 2009-05-28, disclosed to the SEC on 2009-06-01.
Open-market sale of $21k FAC by Director. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $2.03 | 600 | $1K | 5.9% |
| 2 | $2.07 | 4,400 | $9K | 44.4% |
| 3 | $2.04 | 5,000 | $10K | 49.7% |
| Total | $2.05 avg | 10,000 | $21K | 100% |