Robert B. McGehee, Chairman and CEO at PROGRESS ENERGY INC (PGN), sold 96,400 shares at $52.48 ($5.1M) on 2007-05-15, disclosed to the SEC on 2007-05-16.
Scheduled sale ($5.1M) by Chairman and CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| Filing → |
| PGN | SELL | 2007-05-11 | $7.7M | — | Filing → |
| PGN | SELL | 2007-03-21 | $60K | — | Filing → |
| PGN | SELL | 2007-03-20 | $507K | — | Filing → |