Kenneth R. Peak, Chairman & CEO, 10% Owner at CONTANGO OIL & GAS CO (MCF), sold 28,165 shares at $57.70 ($1.6M) on 2011-02-09, disclosed to the SEC on 2011-02-10.
Scheduled sale ($1.6M) by Chairman & CEO, 10% Owner 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 | $58.30 | 5,837 | $340K | 21.1% |
| 2 | $57.70 | 10,058 | $580K | 36.0% |
| 3 | $56.37 | 12,270 | $692K | 42.9% |
| Total | $57.24 avg | 28,165 | $1.6M | 100% |
| Filing → |
| MCF | SELL | 2012-09-13 | $4.0M | — | Filing → |
| MCF | SELL | 2011-02-23 | $2.1M | — | Filing → |
| MCF | SELL | 2011-02-22 | $1.8M | — | Filing → |