Insider Selling: SATA Technology (NASDAQ:SATA) CFO Sells $131,867.97 in Stock

SATA Technology Co., Ltd. (NASDAQ:SATA) CFO Benjamin Pham sold 4,209 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $131,867.97. Following the transaction, the chief financial officer owned 17,365 shares of the company’s stock, valued at $544,045.45. This represents a 19.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

SATA Technology Stock Performance

Shares of SATA stock remained flat at $100.01 during trading hours on Monday. 658,785 shares of the company were exchanged, compared to its average volume of 311,488. SATA Technology Co., Ltd. has a 1-year low of $79.01 and a 1-year high of $101.35.

SATA Technology Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 29th will be given a dividend of $0.0516 per share. The ex-dividend date is Thursday, October 29th.

Key Stories Impacting SATA Technology

Here are the key news stories impacting SATA Technology this week:

• Positive Sentiment: SATA announced a dividend of $0.0516 per share. Investors who own shares by October 15, 2026, are scheduled to receive payment on October 16, with the ex-dividend date also set for October 15. SATA Technology Shareholders to Receive $0.05 Dividend
• Positive Sentiment: A second reported distribution of $0.0516 per share has an October 29 record and ex-dividend date, with payment scheduled for October 30. If these represent separate distributions rather than duplicate announcements, the two payments would provide a combined $0.1032 per share. SATA Technology Shares Will Pay Dividend of $0.05
• Neutral Sentiment: Most of the recent entries repeat the same dividend details, suggesting the news reflects distribution scheduling rather than a new increase in the payout or a change in the company’s underlying business outlook.
• Neutral Sentiment: SATA’s shares have recently traded near the upper end of their 12-month range, so the dividend announcements may offer some support but are unlikely by themselves to determine the next major price move. Shares generally adjust lower by approximately the dividend amount on an ex-dividend date.