Bruno Zheng Wu, Director, 10% Owner at SUN NEW MEDIA INC. (SNMD.OB), sold 14,667,000 shares at $4.00 ($16.7M) on 2005-12-28, disclosed to the SEC on 2006-03-08.
Open-market sale of $16.7M SNMD.OB 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 | $0.00 | 10,000,000 | $0 | 0.0% |
| 2 | $1.00 | 667,000 | $667K | 4.0% |
| 3 | $4.00 | 4,000,000 | $16.0M | 96.0% |
| Total | $1.14 avg | 14,667,000 | $16.7M | 100% |
| Filing → |
| NXMR | SELL | 2007-09-12 | $5K | — | Filing → |
| NXMR | BUY | 2007-08-15 | $3.5M | — | Filing → |
| NXMR | SELL | 2007-07-19 | $1.6M | — | Filing → |