Ellen Odonnell insider trades: Brocade Communications Systems (BRCD) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Ellen reports to the SEC
Open-market buys and sales
7 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Jun 14, 2017 | BRCD | ↓ Sell10b5-1 | 7,811 | $12.64 | $99K | Direct | Jun 16, 2017 (2d) |
| Mar 14, 2017 | BRCD | ↓ Sell10b5-1 | 6,345 | $12.37 | $78K | Direct | Mar 16, 2017 (2d) |
| Dec 14, 2016 | BRCD | ↓ Sell10b5-1 | 6,346 | $12.38 | $79K | Direct | Dec 16, 2016 (2d) |
| Sep 15, 2016 | BRCD | ↓ Sell10b5-1 | 7,500 | $9.00 | $68K | Direct | Sep 16, 2016 (1d) |
| Jun 10, 2016 | BRCD | ↓ Sell10b5-1 | 8,129 | $8.87 | $72K | Direct | Jun 13, 2016 (3d) |
| Dec 15, 2015 | BRCD | ↓ Sell10b5-1 | 5,409 | $8.60 | $47K | Direct | Dec 16, 2015 (1d) |
| Jun 15, 2015 | BRCD | ↓ Sell10b5-1 | 15,627 | $12.15 | $190K | Direct | Jun 16, 2015 (1d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Ellen Odonnell's insider trades
Ellen Odonnell is SVP & General Counsel at Brocade Communications Systems (BRCD). Since Jun 15, 2015, Ellen has reported no open-market purchases and 7 sales worth $632K on SEC Form 4. There have been no open-market trades in the last 12 months.
7 sales (100% of the value sold) were made under a Rule 10b5-1 trading plan, which is set up months in advance and runs on a schedule, so they say little about how the insider sees the stock today.
Their filings also include option exercises (9 filings), shares withheld for taxes (8 filings), grants and awards (5 filings), shares returned to the company (2 filings). These aren't open-market trades and aren't counted above.
How to read insider trades
Officers, directors and owners of more than 10% of a company must report trades in its stock on SEC Form 4, usually within two business days. Purchases with their own money are the stronger signal: insiders sell for many reasons (taxes, diversification, a house), but buy for one. See every BRCD insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.