Habib Kairouz, Director, 10% Owner at ReachLocal Inc (RLOC), sold 300,000 shares at $12.78 ($3.8M) on 2012-08-06, disclosed to the SEC on 2012-08-08.
Open-market sale of $3.8M RLOC by Director, 10% Owner. 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 | $12.78 | 68,293 | $873K | 22.7% |
| 2 | $12.81 | 181,707 | $2.3M | 60.6% |
| 3 | $12.84 | 50,000 | $642K | 16.7% |
| Total | $12.81 avg | 300,000 | $3.8M | 100% |
| Filing → |
| IL | SELL | 2015-09-16 | $320K | — | Filing → |
| IL | SELL | 2015-09-14 | $427K | — | Filing → |
| IL | SELL | 2015-09-01 | $1.2M | — | Filing → |