Thomas C. Dearmin, Vice Chairman, 10% Owner at IONATRON, INC. (IOTN), sold 665,000 shares at $6.49 ($4.3M) on 2006-08-24, disclosed to the SEC on 2006-08-25.
Open-market sale of $4.3M IOTN by Vice Chairman, 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $6.71 | 200,000 | $1.3M | 31.3% |
| 2 | $6.49 | 268,000 | $1.7M | 40.6% |
| 3 | $6.10 | 197,000 | $1.2M | 28.1% |
| Total | $6.44 avg | 665,000 | $4.3M | 100% |
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