Gale E. England, COO and SVP Operations at BROCADE COMMUNICATIONS SYSTEMS INC (BRCD), sold 926,124 shares at $12.38 ($11.5M) on 2017-03-15, disclosed to the SEC on 2017-03-17.
Open-market sale of $11.5M BRCD by COO and SVP Operations. 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 | $12.38 | 37,916 | $469K | 4.1% |
| 2 | $12.38 | 69,166 | $856K | 7.5% |
| 3 | $12.38 | 121,605 | $1.5M | 13.1% |
| 4 | $12.38 | 234,375 | $2.9M | 25.3% |
| 5 | $12.38 | 234,375 | $2.9M | 25.3% |
| 6 | $12.38 | 37,916 |
| $470K |
| 4.1% |
| 7 | $12.38 | 121,605 | $1.5M | 13.1% |
| 8 | $12.38 | 69,166 | $857K | 7.5% |
| Total | $12.38 avg | 926,124 | $11.5M | 100% |
| Filing → |
| BRCD | SELL | 2016-06-01 | $90K | — | Filing → |
| BRCD | SELL | 2016-02-23 | $97K | — | Filing → |
| BRCD | SELL | 2015-06-19 | $125K | — | Filing → |