Michael Madison, Insider at CLECO CORP (CNL), sold 69,000 shares at $40.00 ($2.8M) on 2012-04-24, disclosed to the SEC on 2012-04-26.
Open-market sale of $2.8M CNL by Insider. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $40.00 | 2,936 | $117K | 4.3% |
| 2 | $40.00 | 66,064 | $2.6M | 95.7% |
| Total | $40.00 avg | 69,000 | $2.8M | 100% |