Lake Sumeru Fund Lp Silver, 10% Owner at Spansion Inc. (CODE), sold 1,322,660 shares at $12.85 ($17.0M) on 2013-05-16, disclosed to the SEC on 2013-05-20.
Open-market sale of $17.0M CODE 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.