Proofpoint (PFPT) executive Knight sold 2,500 shares for $341K at an average $136.47 under a 10b5-1 plan
Insider transactions reported
David Knight (executive at Proofpoint, Inc., PFPT) reported that they sold 2,500 shares for $341K at an average $136.47 on Feb 18, 2021. After these transactions the filing shows 18,020 shares held directly.
- Reporting person
- Knight David
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 18, 2021 | Open-market sale (S) | Common Stock1, 2, 3, ... | -2,500 | avg $136.47 | $341K | 18,020 direct |
Holdings before and after
- Common Stock: 20,520 to 18,020 direct
Footnotes from the filing
- 1. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- 2. Represents the weighted average sale price. The lowest price at which shares were sold was $134.43 and the highest price at which shares were sold was $135.43. The Reporting Person undertakes to provide upon request to the staff of the Securities Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (2), (3), (4) and (5) to this Form 4.
- 3. Represents the weighted average sale price. The lowest price at which shares were sold was $135.52 and the highest price at which shares were sold was $136.29.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
FAQ
What did Knight report in this PFPT Form 4?
David Knight (executive at Proofpoint, Inc., PFPT) reported that they sold 2,500 shares for $341K at an average $136.47 on Feb 18, 2021. After these transactions the filing shows 18,020 shares held directly.
How many PFPT shares does Knight hold after this filing?
The filing shows 18,020 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this PFPT insider sale made under a 10b5-1 plan?
The filing's footnotes mention a Rule 10b5-1 trading plan. Such a plan sets the terms of future trades in advance.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for PFPT
Earlier insider filings at PFPT
- Feb 8, 2021SEC Form 4: Gary Steele exercised 11,250 units of Common Stock at a strike of $0.00 and disposed of $720,678 worth of Common Stock (5,578 units at $129.20), increasing ownership by 8% to 75,040 units
- Feb 3, 2021SEC Form 4: Ashan Willy disposed of $186,134 worth of Common Stock (1,425 units at $130.62), sold $167,202 worth of Common Stock (1,226 units at $136.38) and exercised 4,125 units of Common Stock at a strike of $0.00, increasing ownership by 75% to 3,440 units
- Feb 3, 2021SEC Form 4: Gary Steele exercised 21,900 units of Common Stock at a strike of $0.00 and disposed of $1,273,806 worth of Common Stock (9,752 units at $130.62), increasing ownership by 21% to 69,368 units
- Feb 3, 2021SEC Form 4: P. Blake Salle exercised 4,875 units of Common Stock at a strike of $0.00 and disposed of $155,177 worth of Common Stock (1,188 units at $130.62), increasing ownership by 26% to 17,951 units
- Feb 3, 2021SEC Form 4: Darren Robert Lee exercised 10,500 units of Common Stock at a strike of $0.00 and disposed of $467,947 worth of Common Stock (3,549 units at $131.85)
- Market cap
- 30-day
- Sector
- Technology
- Industry
- EDP Services
- Listed since
- 2012
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