Bruno Zheng Wu, Director, 10% Owner at SUN NEW MEDIA INC. (SMND), sold 16,516,131 shares at $3.27 ($22.8M) on 2006-02-16, disclosed to the SEC on 2006-06-27.
Open-market sale of $22.8M SMND by Director, 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.01 | 10,000,000 | $100K | 0.4% |
| 2 | $1.00 | 667,000 | $667K | 2.9% |
| 3 | $4.00 | 4,000,000 | $16.0M | 70.1% |
| 4 | $3.27 | 1,849,131 | $6.0M | 26.5% |
| Total | $1.38 avg | 16,516,131 | $22.8M | 100% |
| Filing → |
| NXMR | SELL | 2007-09-12 | $5K | — | Filing → |
| NXMR | BUY | 2007-08-15 | $3.5M | — | Filing → |
| NXMR | SELL | 2007-07-19 | $1.6M | — | Filing → |