Malcolm I. Glazer, 10% Owner at ZAPATA CORP (ZAP), sold 9,841,164 shares at $7.50 ($73.8M) on 2009-06-17, disclosed to the SEC on 2009-06-19.
Open-market sale of $73.8M ZAP by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $7.50 | 28,052 | $210K | 0.3% |
| 2 | $7.50 | 9,813,112 | $73.6M | 99.7% |
| Total | $7.50 avg | 9,841,164 | $73.8M | 100% |