Joe F. Sanderson Jr., CEO, Chairman of Board at SANDERSON FARMS INC (SAFM), sold 22,100 shares at $53.95 ($1.2M) on 2012-03-22, disclosed to the SEC on 2012-03-26.
Scheduled sale ($1.2M) by CEO, Chairman of Board 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 | $53.50 | 11,400 | $610K | 51.5% |
| 2 | $53.51 | 1,800 | $96K | 8.1% |
| 3 | $53.52 | 1,500 | $80K | 6.8% |
| 4 | $53.53 | 400 | $21K | 1.8% |
| 5 | $53.54 | 600 | $32K | 2.7% |
| 6 | $53.55 | 2,095 |
| $112K |
| 9.5% |
| 7 | $53.56 | 500 | $27K | 2.3% |
| 8 | $53.57 | 200 | $11K | 0.9% |
| 9 | $53.58 | 100 | $5K | 0.5% |
| 10 | $53.59 | 5 | $268 | 0.0% |
| 11 | $53.60 | 200 | $11K | 0.9% |
| 12 | $53.65 | 200 | $11K | 0.9% |
| 13 | $53.66 | 100 | $5K | 0.5% |
| 14 | $53.70 | 100 | $5K | 0.5% |
| 15 | $53.72 | 100 | $5K | 0.5% |
| 16 | $53.76 | 200 | $11K | 0.9% |
| 17 | $53.77 | 400 | $22K | 1.8% |
| 18 | $53.79 | 100 | $5K | 0.5% |
| 19 | $53.81 | 100 | $5K | 0.5% |
| 20 | $53.83 | 100 | $5K | 0.5% |
| 21 | $53.84 | 200 | $11K | 0.9% |
| 22 | $53.85 | 200 | $11K | 0.9% |
| 23 | $53.86 | 395 | $21K | 1.8% |
| 24 | $53.87 | 205 | $11K | 0.9% |
| 25 | $53.90 | 100 | $5K | 0.5% |
| 26 | $53.93 | 200 | $11K | 0.9% |
| 27 | $53.95 | 600 | $32K | 2.7% |
| Total | $53.56 avg | 22,100 | $1.2M | 100% |
| Filing → |
| SAFM | SELL | 2012-03-22 | $64K | — | Filing → |
| SAFM | SELL | 2012-03-22 | $11K | — | Filing → |
| SAFM | SELL | 2012-03-22 | $1.3M | — | Filing → |