Tejinder Grewal, VP, Corporate Development at BROCADE COMMUNICATIONS SYSTEMS INC (BRCD), sold 135,828 shares at $7.25 ($974K) on 2009-11-25, disclosed to the SEC on 2009-11-25.
Open-market sale of $974k BRCD by VP, Corporate Development. 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 | $7.10 | 13,498 | $96K | 9.8% |
| 2 | $7.10 | 57,740 | $410K | 42.1% |
| 3 | $7.25 | 64,590 | $468K | 48.1% |
| Total | $7.17 avg | 135,828 | $974K | 100% |
| Filing → |
| BRCD | SELL | 2010-09-24 | $403K | — | Filing → |
| BRCD | SELL | 2009-12-03 | $34K | — | Filing → |
| BRCD | SELL | 2007-11-27 | $637K | — | Filing → |