Matthew Medeiros, President & CEO at SONICWALL INC (SNWL), sold 85,500 shares at $10.30 ($890K) on 2010-05-03, disclosed to the SEC on 2010-05-04.
Scheduled sale ($890k) by President & CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $10.51 | 45,500 | $478K | 53.7% |
| 2 | $10.30 | 40,000 | $412K | 46.3% |
| Total | $10.41 avg | 85,500 | $890K | 100% |
| Filing → |
| SNWL | SELL | 2010-02-26 | $320K | — | Filing → |
| SNWL | SELL | 2010-02-24 | $82K | — | Filing → |
| SNWL | SELL | 2009-11-02 | $800K | — | Filing → |