Gary T. Steele, CEO and President at LANDEC CORP \CA\ (LNDC), sold 42,763 shares at $6.68 ($284K) on 2012-04-25, disclosed to the SEC on 2012-04-25.
Scheduled sale ($284k) by CEO and President 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 | $6.57 | 13,748 | $90K | 31.8% |
| 2 | $6.62 | 8,679 | $57K | 20.3% |
| 3 | $6.68 | 20,336 | $136K | 47.9% |
| Total | $6.63 avg | 42,763 | $284K | 100% |
| Filing → |
| LNDC | SELL | 2012-04-19 | $3K | — | Filing → |
| LNDC | SELL | 2012-04-16 | $650 | — | Filing → |
| LNDC | SELL | 2012-04-10 | $46K | — | Filing → |