Joe F. Sanderson Jr., CEO, Chairman of Board at SANDERSON FARMS INC (SAFM), sold 21,806 shares at $54.05 ($1.2M) on 2012-03-16, disclosed to the SEC on 2012-03-19.
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 | $53.99 | 500 | $27K | 2.3% |
| 2 | $54.00 | 500 | $27K | 2.3% |
| 3 | $54.01 | 900 | $49K | 4.1% |
| 4 | $54.02 | 800 | $43K | 3.7% |
| 5 | $54.03 | 1,247 | $67K | 5.7% |
| 6 | $54.04 | 800 |
| $43K |
| 3.7% |
| 7 | $54.05 | 1,118 | $60K | 5.1% |
| 8 | $54.06 | 706 | $38K | 3.2% |
| 9 | $54.07 | 1,405 | $76K | 6.4% |
| 10 | $54.08 | 2,000 | $108K | 9.2% |
| 11 | $54.09 | 1,300 | $70K | 6.0% |
| 12 | $54.10 | 2,000 | $108K | 9.2% |
| 13 | $54.11 | 2,000 | $108K | 9.2% |
| 14 | $54.12 | 400 | $22K | 1.8% |
| 15 | $54.13 | 2,100 | $114K | 9.6% |
| 16 | $54.14 | 4,030 | $218K | 18.5% |
| Total | $54.09 avg | 21,806 | $1.2M | 100% |
| Filing → |
| SAFM | SELL | 2012-03-26 | $1.2M | — | Filing → |
| SAFM | SELL | 2012-03-22 | $64K | — | Filing → |
| SAFM | SELL | 2012-03-22 | $11K | — | Filing → |