Alan D. Totah, VP, Regulatory Affairs, Quality at CYBERONICS INC (CYBX), sold 18,000 shares at $26.41 ($480K) on 2006-03-16, disclosed to the SEC on 2006-03-17.
Open-market sale of $480k CYBX by VP, Regulatory Affairs, Quality. 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 | $26.35 | 3,000 | $79K | 16.5% |
| 2 | $26.41 | 5,000 | $132K | 27.5% |
| 3 | $26.70 | 5,000 | $134K | 27.8% |
| 4 | $27.00 | 5,000 | $135K | 28.1% |
| Total | $26.64 avg | 18,000 | $480K | 100% |