Derek Obata, VP of Worldwide Sales at IKANOS COMMUNICATIONS (IKAN), sold 49,889 shares at $20.75 ($1.0M) on 2006-03-17, disclosed to the SEC on 2006-03-21.
Open-market sale of $1.0M IKAN by VP of Worldwide Sales. 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 | $20.75 | 194 | $4K | 0.4% |
| 2 | $20.75 | 49,695 | $1.0M | 99.6% |
| Total | $20.75 avg | 49,889 | $1.0M | 100% |