Kevin Costello, President at ARIBA INC (ARBA), sold 43,875 shares at $11.84 ($516K) on 2009-11-16, disclosed to the SEC on 2009-11-17.
Scheduled sale ($516k) by President 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 | $11.74 | 39,302 | $461K | 89.5% |
| 2 | $11.84 | 4,573 | $54K | 10.5% |
| Total | $11.75 avg | 43,875 | $516K | 100% |
| Filing → |
| ARBA | BUY | 2011-08-02 | $2K | — | Filing → |
| CBEY | BUY | 2011-05-24 | $137K | — | Filing → |
| ARBA | SELL | 2011-02-14 | $2.3M | — | Filing → |