Barry Rubenstein, Director at FALCONSTOR SOFTWARE INC (FALC), sold 147,015 shares at $1.54 ($220K) on 2014-05-23, disclosed to the SEC on 2014-05-23.
Seasonal sale ($220k) by Director — this insider has traded FALC in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.48 | 100,000 | $148K | 67.1% |
| 2 | $1.54 | 47,015 | $72K | 32.9% |
| Total | $1.50 avg | 147,015 | $220K | 100% |
| Filing → |
| FALC | BUY | 2010-02-08 | $150K | — | Filing → |
| FALC | BUY | 2010-01-26 | $192K | — | Filing → |
| QOBJ | BUY | 2008-06-19 | $33K | — | Filing → |