Richard B. Welch, SVP, Developer Solutions Division at RSA SECURITY INC/DE/ (RSAS), sold 61,563 shares at $27.81 ($1.7M) on 2006-08-22, disclosed to the SEC on 2006-09-14.
Open-market sale of $1.7M RSAS by SVP, Developer Solutions Division. 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 | $27.81 | 12,500 | $348K | 20.3% |
| 2 | $27.81 | 14,063 | $391K | 22.8% |
| 3 | $27.81 | 35,000 | $973K | 56.9% |
| Total | $27.81 avg | 61,563 | $1.7M | 100% |