Ebrahim Abbasi, SVP Operations at REDBACK NETWORKS INC (RBAK), sold 65,000 shares at $20.25 ($1.3M) on 2006-02-17, disclosed to the SEC on 2006-02-22.
Open-market sale of $1.3M RBAK by SVP Operations. 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 | $20.10 | 13,500 | $271K | 20.8% |
| 2 | $20.12 | 10,700 | $215K | 16.5% |
| 3 | $20.16 | 16,000 | $323K | 24.8% |
| 4 | $20.25 | 7,300 | $148K | 11.4% |
| 5 | $19.70 | 17,500 | $345K | 26.5% |
| Total | $20.03 avg | 65,000 |
| $1.3M |
| 100% |
| Filing → |