Karen M. Kenworthy, 10% Owner at GMX RESOURCES INC (GMXR), sold 25,000 shares at $43.05 ($1.1M) on 2006-05-11, disclosed to the SEC on 2006-05-12.
Open-market sale of $1.1M GMXR 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 | $44.10 | 200 | $9K | 0.8% |
| 2 | $43.05 | 5,000 | $215K | 19.8% |
| 3 | $43.40 | 5,000 | $217K | 19.9% |
| 4 | $43.56 | 5,000 | $218K | 20.0% |
| 5 | $43.58 | 5,000 | $218K | 20.0% |
| 6 | $43.96 | 4,800 |
| $211K |
| 19.4% |
| Total | $43.51 avg | 25,000 | $1.1M | 100% |