Robert B. McGehee, Chairman and CEO at PROGRESS ENERGY INC (PGN), sold 147,200 shares at $52.15 ($7.7M) on 2007-05-09, disclosed to the SEC on 2007-05-11.
Open-market sale of $7.7M PGN by Chairman and CEO. 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 | $52.15 | 55,100 | $2.9M | 37.4% |
| 2 | $52.15 | 92,100 | $4.8M | 62.6% |
| Total | $52.15 avg | 147,200 | $7.7M | 100% |
| Filing → |
| PGN | SELL | 2007-05-15 | $609K | — | Filing → |
| PGN | SELL | 2007-03-21 | $60K | — | Filing → |
| PGN | SELL | 2007-03-20 | $507K | — | Filing → |