Kevin Costello, President at ARIBA INC (ARBA), sold 239,852 shares at $32.08 ($7.7M) on 2011-11-16, disclosed to the SEC on 2011-11-17.
Open-market sale of $7.7M ARBA by President. 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 | $32.28 | 120,000 | $3.9M | 50.0% |
| 2 | $32.38 | 101,817 | $3.3M | 42.5% |
| 3 | $32.08 | 18,035 | $579K | 7.5% |
| Total | $32.31 avg | 239,852 | $7.7M | 100% |
| Filing → |
| CBEY | BUY | 2011-05-24 | $137K | — | Filing → |
| ARBA | SELL | 2011-02-14 | $2.3M | — | Filing → |
| ARBA | BUY | 2011-02-02 | $8K | — | Filing → |