Erez Kalir, 10% Owner at PAIN THERAPEUTICS INC (PTIE), sold 382,000 shares at $4.50 ($1.8M) on 2011-10-04, disclosed to the SEC on 2011-10-05.
Open-market sale of $1.8M PTIE 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 | $4.83 | 67,000 | $324K | 18.5% |
| 2 | $4.50 | 265,000 | $1.2M | 68.0% |
| 3 | $4.75 | 50,000 | $238K | 13.5% |
| Total | $4.59 avg | 382,000 | $1.8M | 100% |