Richard S. Schaefer, VP and Chief Technical Officer at HUTCHINSON TECHNOLOGY INC (HTCH), sold 16,570 shares at $25.50 ($432K) on 2007-11-13, disclosed to the SEC on 2007-11-14.
Open-market sale of $432k HTCH by VP and Chief Technical Officer. 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 | $26.50 | 9,750 | $258K | 59.8% |
| 2 | $25.50 | 6,820 | $174K | 40.2% |
| Total | $26.09 avg | 16,570 | $432K | 100% |