John R. Eckel Jr., Chairman and CEO at Copano Energy, L.L.C. (CPNO), sold 160,000 shares at $35.27 ($5.8M) on 2008-06-02, disclosed to the SEC on 2008-06-02.
Scheduled sale ($5.8M) by Chairman and CEO 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 | $36.01 | 150,000 | $5.4M | 93.9% |
| 2 | $35.27 | 10,000 | $353K | 6.1% |
| Total | $35.96 avg | 160,000 | $5.8M | 100% |
| Filing → |
| CPNO | SELL | 2008-08-28 | $1.5M | — | Filing → |
| CPNO | SELL | 2008-08-26 | $1.5M | — | Filing → |
| CPNO | SELL | 2008-05-08 | $1.8M | — | Filing → |