Peter Mak, Chief Financial Officer at NEW DRAGON ASIA CORP (NWD), sold 565,000 shares at $2.15 ($1.2M) on 2006-02-10, disclosed to the SEC on 2006-02-14.
Open-market sale of $1.2M NWD by Chief Financial Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $2.15 | 231,100 | $497K | 39.9% |
| 2 | $2.24 | 333,900 | $748K | 60.1% |
| Total | $2.20 avg | 565,000 | $1.2M | 100% |