Michael D. Garrett, President & CEO of Ga. Power at SOUTHERN CO (SO), sold 61,802 shares at $38.50 ($2.4M) on 2007-11-21, disclosed to the SEC on 2007-11-26.
Scheduled sale ($2.4M) by President & CEO of Ga. Power under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $38.50 | 26,189 | $1.0M | 42.4% |
| 2 | $38.50 | 35,613 | $1.4M | 57.6% |
| Total | $38.50 avg | 61,802 | $2.4M | 100% |