Roland B. Desilets, EVP, Secretary & General Counsel at QAD INC (QADI), sold 19,250 shares at $9.93 ($191K) on 2007-04-23, disclosed to the SEC on 2007-04-24.
Open-market sale of $191k QADI by EVP, Secretary & General Counsel. 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 | $9.93 | 3,000 | $30K | 15.6% |
| 2 | $9.93 | 6,250 | $62K | 32.5% |
| 3 | $9.93 | 10,000 | $99K | 51.9% |
| Total | $9.93 avg | 19,250 | $191K | 100% |
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