River Xi Gp Lp Charles, 10% Owner at BigBand Networks, Inc. (BBND), sold 1,347,231 shares at $3.62 ($4.4M) on 2009-11-30, disclosed to the SEC on 2009-12-02.
Open-market sale of $4.4M BBND by 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 | $3.62 | 130,000 | $471K | 10.6% |
| 2 | $3.25 | 1,160,631 | $3.8M | 84.8% |
| 3 | $3.60 | 56,600 | $204K | 4.6% |
| Total | $3.30 avg | 1,347,231 | $4.4M | 100% |