Kamal Anand, SVP of Corporate Development & Strategy at MERU NETWORKS INC (MERU), sold 30,000 shares at $17.00 ($495K) on 2010-11-05, disclosed to the SEC on 2010-11-08.
Open-market sale of $495k MERU by SVP of Corporate Development & Strategy. 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 | $16.25 | 2,769 | $45K | 9.1% |
| 2 | $16.25 | 17,231 | $280K | 56.6% |
| 3 | $17.00 | 10,000 | $170K | 34.3% |
| Total | $16.50 avg | 30,000 | $495K | 100% |
| Filing → |
| MERU | SELL | 2011-01-13 | $413K | — | Filing → |
| MERU | SELL | 2010-12-22 | $417K | — | Filing → |