Scott Scherr, Chairman, President and CEO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 52,165 shares at $158.57 ($8.3M) on 2016-02-16, disclosed to the SEC on 2016-02-17.
Open-market sale of $8.3M ULTI by Chairman, President and CEO. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $156.44 | 4,000 | $626K | 7.5% |
| 2 | $157.87 | 7,949 | $1.3M | 15.1% |
| 3 | $158.57 | 9,858 | $1.6M | 18.8% |
| 4 | $159.75 | 10,658 | $1.7M | 20.5% |
| 5 | $159.75 | 10,658 | $1.7M | 20.5% |
| 6 | $161.76 | 9,042 |
| $1.5M |
| 17.6% |
| Total | $159.33 avg | 52,165 | $8.3M | 100% |
| Filing → |
| ULTI | SELL | 2018-02-13 | $7.1M | — | Filing → |
| ULTI | SELL | 2017-11-08 | $8.5M | — | Filing → |
| ULTI | SELL | 2017-02-13 | $8.6M | — | Filing → |