Joe F. Sanderson Jr., CEO, Chairman of Board at SANDERSON FARMS INC (SAFM), sold 10,293 shares at $54.30 ($558K) on 2012-03-19, disclosed to the SEC on 2012-03-20.
Scheduled sale ($558k) 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 | $54.20 | 1,100 | $60K | 10.7% |
| 2 | $54.21 | 2,200 | $119K | 21.4% |
| 3 | $54.22 | 2,800 | $152K | 27.2% |
| 4 | $54.23 | 1,085 | $59K | 10.5% |
| 5 | $54.24 | 600 | $33K | 5.8% |
| 6 | $54.25 | 1,208 |
| $66K |
| 11.7% |
| 7 | $54.26 | 300 | $16K | 2.9% |
| 8 | $54.27 | 300 | $16K | 2.9% |
| 9 | $54.28 | 300 | $16K | 2.9% |
| 10 | $54.30 | 300 | $16K | 2.9% |
| 11 | $54.31 | 100 | $5K | 1.0% |
| Total | $54.23 avg | 10,293 | $558K | 100% |
| Filing → |
| SAFM | SELL | 2012-03-26 | $980K | — | Filing → |
| SAFM | SELL | 2012-03-22 | $1.3M | — | Filing → |
| SAFM | SELL | 2012-03-22 | $64K | — | Filing → |