Gulf Coast Ultra Deep Royalty Trust (GULTU) Files Form 4 Insider Selling : Kellett Capital Manageme Mount Sells 250,000 Shares

Gulf Coast Ultra Deep Royalty Trust (GULTU): Kellett Capital Manageme Mount , 10% owner of Gulf Coast Ultra Deep Royalty Trust sold 250,000 shares on Sep 26, 2016. The Insider selling transaction was reported by the company on Sep 28, 2016 to the Securities and Exchange Commission. The shares were sold at $0.07 per share for a total value of $17,725.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 3, 2016, Kellett Capital Manageme Mount (10% owner) sold 200,000 shares at $0.07 per share price.On Feb 4, 2016, Lloyd I Iii Miller (10% owner) sold 1,200,000 shares at $0.13 per share price.Also, On Oct 14, 2015, Leon G Cooperman (10% owner) sold 2,132,298 shares at $0.30 per share price.

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Gulf Coast Ultra Deep Royalty Trust - Is it time to Sell?

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