Ken Cheng 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 Ken reports to the SEC
Open-market buys and sales
29 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Jun 9, 2017 | BRCD | ↓ Sell | 200,000 | $12.62 | $2.5M | Direct | Jun 13, 2017 (4d) |
| Jun 8, 2017 | BRCD | ↓ Sell | 68,488 | $12.62 | $864K | Direct | Jun 12, 2017 (4d) |
| Sep 18, 2014 | BRCD | ↓ Sell | 29,000 | $10.50 | $305K | By Trust | Sep 18, 2014 (0d) |
| Sep 4, 2014 | BRCD | ↓ Sell | 11,000 | $10.49 | $115K | By Trust | Sep 4, 2014 (0d) |
| Jun 9, 2014 | BRCD | ↓ Sell | 12,844 | $9.15 | $118K | Direct | Jun 9, 2014 (0d) |
| Jun 6, 2014 | BRCD | ↓ Sell | 50,000 | $9.19 | $459K | Direct | Jun 6, 2014 (0d) |
| Jun 4, 2014 | BRCD | ↓ Sell | 60,000 | $9.20 | $552K | Direct | Jun 4, 2014 (0d) |
| Mar 27, 2014 | BRCD | ↓ Sell | 15,000 | $10.35 | $155K | By Trust | Mar 27, 2014 (0d) |
| Mar 24, 2014 | BRCD | ↓ Sell | 15,000 | $10.35 | $155K | By Trust | Mar 24, 2014 (0d) |
| Mar 19, 2014 | BRCD | ↓ Sell | 15,000 | $10.04 | $151K | By Trust | Mar 19, 2014 (0d) |
| Mar 14, 2014 | BRCD | ↓ Sell | 15,000 | $9.89 | $148K | By Trust | Mar 14, 2014 (0d) |
| Mar 11, 2014 | BRCD | ↓ Sell | 15,000 | $10.13 | $152K | By Trust | Mar 11, 2014 (0d) |
| Mar 6, 2014 | BRCD | ↓ Sell | 5,000 | $10.15 | $51K | By Trust | Mar 6, 2014 (0d) |
| Nov 6, 2007 | FDRY | ↓ Sell | 88,900 | $21.42 | $1.9M | Direct | Nov 7, 2007 (1d) |
| Nov 5, 2007 | FDRY | ↓ Sell | 11,100 | $21.00 | $233K | Direct | Nov 6, 2007 (1d) |
| Oct 30, 2007 | FDRY | ↓ Sell | 29,000 | $20.97 | $608K | Direct | Nov 1, 2007 (2d) |
| Oct 30, 2007 | FDRY | ↓ Sell | 21,000 | $20.65 | $434K | Direct | Nov 1, 2007 (2d) |
| Aug 31, 2007 | FDRY | ↓ Sell | 42,083 | $18.52 | $779K | Direct | Sep 5, 2007 (5d) |
| Aug 31, 2007 | FDRY | ↓ Sell | 11,064 | $18.38 | $203K | Direct | Sep 5, 2007 (5d) |
| Aug 31, 2007 | FDRY | ↓ Sell | 6,648 | $18.51 | $123K | Direct | Sep 5, 2007 (5d) |
| Aug 31, 2007 | FDRY | ↓ Sell | 3,379 | $18.32 | $62K | Direct | Sep 5, 2007 (5d) |
| Aug 30, 2007 | FDRY | ↓ Sell | 11,824 | $18.16 | $215K | Direct | Aug 30, 2007 (0d) |
| Aug 3, 2007 | FDRY | ↓ Sell | 25,000 | $18.51 | $463K | Direct | Aug 6, 2007 (3d) |
| Aug 1, 2007 | FDRY | ↓ Sell | 23,999 | $18.02 | $432K | Direct | Aug 3, 2007 (2d) |
| Jul 31, 2007 | FDRY | ↓ Sell | 15,101 | $17.92 | $271K | Direct | Aug 2, 2007 (2d) |
| Jul 31, 2007 | FDRY | ↓ Sell | 10,900 | $17.82 | $194K | Direct | Aug 2, 2007 (2d) |
| May 4, 2006 | FDRY | ↓ Sell | 5,700 | $15.18 | $87K | Direct | May 8, 2006 (4d) |
| May 2, 2006 | FDRY | ↓ Sell | 81,279 | $15.17 | $1.2M | Direct | May 3, 2006 (1d) |
| Feb 27, 2006 | FDRY | ↓ Sell | 25,000 | $14.14 | $353K | Direct | Feb 28, 2006 (1d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Ken Cheng's insider trades
Ken Cheng is CTO and SVP, Corporate Develop at Brocade Communications Systems (BRCD). Since Feb 27, 2006, Ken has reported no open-market purchases and 29 sales worth $13.3M on SEC Form 4. There have been no open-market trades in the last 12 months.
Their filings also include option exercises (30 filings), shares withheld for taxes (16 filings), grants and awards (12 filings), shares returned to the company (3 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.

