Southern Bancorp Inc First, 10% Owner at UTG INC (UTGN.OB), sold 100,000 shares at $10.00 ($1.0M) on 2009-08-27, disclosed to the SEC on 2009-08-31.
Open-market sale of $1.0M UTGN.OB by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $10.00 | 20,000 | $200K | 20.0% |
| 2 | $10.00 | 80,000 | $800K | 80.0% |
| Total | $10.00 avg | 100,000 | $1.0M | 100% |