Michael Tessler insider trades: American Virtual Cloud Technologies (AVCT) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Michael reports to the SEC
Open-market buys and sales
48 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Aug 2, 2022 | AVCT | ↓ Sell10b5-1 | 83,334 | $0.40 | $33K | Direct | Aug 11, 2022 (9d) |
| Feb 22, 2017 | BSFT | ↓ Sell | 6,446 | $45.00 | $290K | Direct | Feb 23, 2017 (1d) |
| Aug 10, 2016 | BSFT | ↓ Sell | 7,149 | $42.75 | $306K | Direct | Aug 11, 2016 (1d) |
| Jun 10, 2016 | BSFT | ↓ Sell | 7,863 | $42.16 | $332K | Direct | Jun 14, 2016 (4d) |
| Apr 18, 2016 | BSFT | ↓ Sell | 9,718 | $40.21 | $391K | Direct | Apr 20, 2016 (2d) |
| Nov 24, 2015 | BSFT | ↓ Sell | 19,900 | $40.00 | $796K | Direct | Nov 25, 2015 (1d) |
| Nov 16, 2015 | BSFT | ↓ Sell | 6,502 | $37.79 | $246K | Direct | Nov 17, 2015 (1d) |
| Nov 10, 2015 | BSFT | ↓ Sell | 100 | $40.00 | $4K | Direct | Nov 12, 2015 (2d) |
| Nov 4, 2015 | BSFT | ↓ Sell | 4,942 | $36.00 | $178K | Direct | Nov 6, 2015 (2d) |
| Mar 18, 2015 | BSFT | ↓ Sell | 12,002 | $35.00 | $420K | Direct | Mar 20, 2015 (2d) |
| Sep 9, 2013 | BSFT | ↓ Sell | 7,812 | $35.00 | $273K | Direct | Sep 11, 2013 (2d) |
| Sep 4, 2013 | BSFT | ↓ Sell | 2,910 | $33.09 | $96K | Direct | Sep 6, 2013 (2d) |
| Jul 8, 2013 | BSFT | ↓ Sell | 6,151 | $30.00 | $185K | Direct | Jul 10, 2013 (2d) |
| Jun 17, 2013 | BSFT | ↓ Sell | 2,442 | $30.00 | $73K | Direct | Jun 18, 2013 (1d) |
| Jun 10, 2013 | BSFT | ↓ Sell | 2,500 | $30.00 | $75K | Direct | Jun 11, 2013 (1d) |
| Feb 15, 2013 | BSFT | ↓ Sell | 5,090 | $37.15 | $189K | Direct | Feb 20, 2013 (5d) |
| Dec 18, 2012 | BSFT | ↓ Sell | 3,300 | $35.00 | $116K | Direct | Dec 19, 2012 (1d) |
| Dec 17, 2012 | BSFT | ↓ Sell | 3,300 | $32.15 | $106K | Direct | Dec 18, 2012 (1d) |
| Oct 15, 2012 | BSFT | ↓ Sell | 13,200 | $36.35 | $480K | Direct | Oct 17, 2012 (2d) |
| Aug 17, 2012 | BSFT | ↓ Sell | 23,200 | $38.59 | $895K | Direct | Aug 17, 2012 (0d) |
| Aug 7, 2012 | BSFT | ↓ Sell | 20,528 | $36.00 | $739K | Direct | Aug 9, 2012 (2d) |
| Apr 16, 2012 | BSFT | ↓ Sell | 10,000 | $40.54 | $405K | Direct | Apr 17, 2012 (1d) |
| Mar 15, 2012 | BSFT | ↓ Sell | 10,661 | $39.53 | $421K | Direct | Mar 16, 2012 (1d) |
| Mar 9, 2012 | BSFT | ↓ Sell | 10,000 | $36.27 | $363K | Direct | Mar 12, 2012 (3d) |
| Feb 17, 2012 | BSFT | ↓ Sell | 15,520 | $35.00 | $543K | Direct | Feb 21, 2012 (4d) |
| Dec 12, 2011 | BSFT | ↓ Sell | 15,000 | $36.02 | $540K | Direct | Dec 14, 2011 (2d) |
| Nov 14, 2011 | BSFT | ↓ Sell | 15,000 | $39.09 | $586K | Direct | Nov 16, 2011 (2d) |
| Oct 17, 2011 | BSFT | ↓ Sell | 5,000 | $38.50 | $193K | Direct | Oct 18, 2011 (1d) |
| Oct 11, 2011 | BSFT | ↓ Sell | 5,000 | $35.00 | $175K | Direct | Oct 13, 2011 (2d) |
| Oct 10, 2011 | BSFT | ↓ Sell | 15,000 | $31.97 | $480K | Direct | Oct 11, 2011 (1d) |
| Sep 16, 2011 | BSFT | ↓ Sell | 5,000 | $35.00 | $175K | Direct | Sep 19, 2011 (3d) |
| Sep 13, 2011 | BSFT | ↓ Sell | 15,000 | $30.00 | $450K | Direct | Sep 14, 2011 (1d) |
| Sep 8, 2011 | BSFT | ↓ Sell | 12,000 | $30.68 | $368K | By the Michael Tessler 1999 Irrevocable | Sep 9, 2011 (1d) |
| Sep 1, 2011 | BSFT | ↓ Sell | 2,000 | $30.45 | $61K | By the Michael Tessler 1999 Irrevocable | Sep 6, 2011 (5d) |
| Aug 8, 2011 | BSFT | ↓ Sell | 20,000 | $30.00 | $600K | Direct | Aug 9, 2011 (1d) |
| Jul 18, 2011 | BSFT | ↓ Sell | 5,000 | $39.27 | $196K | Direct | Jul 20, 2011 (2d) |
| Jul 11, 2011 | BSFT | ↓ Sell | 20,000 | $38.99 | $780K | Direct | Jul 12, 2011 (1d) |
| Jun 21, 2011 | BSFT | ↓ Sell | 5,000 | $35.00 | $175K | Direct | Jun 21, 2011 (0d) |
| Jun 13, 2011 | BSFT | ↓ Sell | 20,000 | $37.54 | $751K | Direct | Jun 13, 2011 (0d) |
| Jun 10, 2011 | BSFT | ↓ Sell | 2,000 | $38.50 | $77K | By the Michael Tessler 1999 Irrevocable | Jun 10, 2011 (0d) |
| Jun 2, 2011 | BSFT | ↓ Sell | 2,000 | $38.84 | $78K | By the Michael Tessler 1999 Irrevocable | Jun 3, 2011 (1d) |
| May 31, 2011 | BSFT | ↓ Sell | 3,666 | $39.58 | $145K | By the Michael Tessler 1999 Irrevocable | Jun 1, 2011 (1d) |
| May 13, 2011 | BSFT | ↓ Sell | 7,897 | $41.07 | $324K | Direct | May 17, 2011 (4d) |
| May 9, 2011 | BSFT | ↓ Sell | 20,000 | $45.64 | $913K | Direct | May 11, 2011 (2d) |
| Apr 12, 2011 | BSFT | ↓ Sell | 76,478 | $42.87 | $3.3M | Direct | Apr 13, 2011 (1d) |
| Apr 12, 2011 | BSFT | ↓ Sell | 3,522 | $41.21 | $145K | Direct | Apr 13, 2011 (1d) |
| Dec 21, 2010 | BSFT | ↓ Sell | 120,000 | $20.90 | $2.5M | Direct | Dec 23, 2010 (2d) |
| Dec 21, 2010 | BSFT | ↓ Sell | 15,000 | $20.90 | $314K | By The Michael Tessler 1999 Irrevocable | Dec 23, 2010 (2d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Michael Tessler's insider trades
Michael Tessler is a director at American Virtual Cloud Technologies (AVCT). Since Dec 21, 2010, Michael has reported no open-market purchases and 48 sales worth $21.3M on SEC Form 4. There have been no open-market trades in the last 12 months.
1 sale (0% of the value sold) was made under a Rule 10b5-1 trading plan, which is set up months in advance and runs on a schedule, so it says little about how the insider sees the stock today.
Their filings also include shares withheld for taxes (66 filings), option exercises (17 filings), grants and awards (13 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 AVCT insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.

