Services Automobile Association United, 10% Owner at TrueCar, Inc. (TRUE), sold 190,000 shares at $5.30 ($1.0M) on 2016-04-04, disclosed to the SEC on 2016-04-05.
Open-market sale of $1.0M TRUE 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 | $5.34 | 117,000 | $625K | 61.8% |
| 2 | $5.30 | 73,000 | $387K | 38.2% |
| Total | $5.32 avg | 190,000 | $1.0M | 100% |
| Filing → |
| TRUE | SELL | 2016-04-07 | $105K | — | Filing → |
| TRUE | SELL | 2016-01-05 | $3.5M | — | Filing → |
| TRUE | SELL | 2015-11-04 | $1.2M | — | Filing → |