Services Automobile Association United, 10% Owner at TrueCar, Inc. (TRUE), sold 200,000 shares at $6.20 ($1.2M) on 2015-11-03, disclosed to the SEC on 2015-11-04.
Scheduled sale ($1.2M) by 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $6.05 | 21,605 | $131K | 10.6% |
| 2 | $6.20 | 178,395 | $1.1M | 89.4% |
| Total | $6.18 avg | 200,000 | $1.2M | 100% |
| Filing → |
| TRUE | SELL | 2016-04-07 | $105K | — | Filing → |
| TRUE | SELL | 2016-04-05 | $1.0M | — | Filing → |
| TRUE | SELL | 2016-01-05 | $3.5M | — | Filing → |