Robert T. Westervelt, VP & CHIEF TECHNOLOGY OFFICER at PEERLESS SYSTEMS CORP (PRLS), sold 31,000 shares at $6.51 ($202K) on 2006-04-10, disclosed to the SEC on 2006-04-11.
Open-market sale of $202k PRLS by VP & CHIEF TECHNOLOGY OFFICER. 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 | $6.51 | 1,313 | $9K | 4.2% |
| 2 | $6.51 | 2,812 | $18K | 9.1% |
| 3 | $6.51 | 10,000 | $65K | 32.2% |
| 4 | $6.51 | 14,000 | $91K | 45.1% |
| 5 | $6.58 | 2,875 | $19K | 9.4% |
| Total | $6.52 avg | 31,000 |
| $202K |
| 100% |