Adam Elsesser, CEO and President at Penumbra Inc (PEN), sold 18,581 shares at $217.42 ($4.0M) on 2023-10-11, disclosed to the SEC on 2023-10-13.
Seasonal sale ($4.0M) by CEO and President — this insider has traded PEN in October in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $214.35 | 3,818 | $818K | 20.4% |
| 2 | $214.35 | 3,818 | $818K | 20.4% |
| 3 | $215.40 | 4,857 | $1.0M | 26.1% |
| 4 | $215.40 | 4,857 | $1.0M | 26.1% |
| 5 | $217.00 | 90 | $20K | 0.5% |
| 6 | $217.42 | 236 |
| $51K |
| 1.3% |
| 7 | $217.42 | 236 | $51K | 1.3% |
| 8 | $218.79 | 43 | $9K | 0.2% |
| 9 | $222.62 | 19 | $4K | 0.1% |
| 10 | $223.50 | 188 | $42K | 1.0% |
| 11 | $224.78 | 126 | $28K | 0.7% |
| 12 | $225.40 | 96 | $22K | 0.5% |
| 13 | $230.32 | 197 | $45K | 1.1% |
| Total | $215.40 avg | 18,581 | $4.0M | 100% |
| Filing → |
| PEN | SELL | 2025-08-08 | $7.6M | — | Filing → |
| PEN | SELL | 2025-07-25 | $6.6M | — | Filing → |
| PEN | SELL | 2025-07-11 | $7.4M | — | Filing → |