Matthew Medeiros, President & CEO at SONICWALL INC (SNWL), sold 50,000 shares at $9.66 ($487K) on 2010-05-05, disclosed to the SEC on 2010-05-06.
Scheduled sale ($487k) by President & CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $9.88 | 20,000 | $198K | 40.5% |
| 2 | $9.66 | 30,000 | $290K | 59.5% |
| Total | $9.75 avg | 50,000 | $487K | 100% |
| Filing → |
| SNWL | SELL | 2010-02-26 | $320K | — | Filing → |
| SNWL | SELL | 2010-02-24 | $82K | — | Filing → |
| SNWL | SELL | 2009-11-02 | $800K | — | Filing → |