Sun BioPharma (NASDAQ:SNBP) major shareholder Ryan Randall Gilbertson sold 343,411 shares of the stock in a transaction on Friday, August 16th. The shares were sold at an average price of $3.00, for a total transaction of $1,030,233.00. Following the completion of the transaction, the insider now owns 212,127 shares of the company’s stock, valued at approximately $636,381. The sale was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Shares of SNBP stock remained flat at $$5.25 during mid-day trading on Friday.
Sun BioPharma Company Profile
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