John W. II Somerhalder, President, Chairman and Chief Executive Officer at AGL Resources Inc. (NYSE:GAS), sold through an open market transaction on Friday, September 12, 3,500 shares of Common Stock. These were sold at an average weighted price of $52,58 per share, for a total value of $184,026. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Somerhalder. Following the filing, he directly owns 65,908.67 securities, while he also indirectly owns 81,211 shares held by The John W. Somerhalder II Rev Trust, 9,438.9431 shares held by 401(k), and 43,748.7121 shares held by Non-Qualified Savings Plan.
AGL Resources Inc. (NYSE:GAS)’s major shareholder of record has also decided to decrease its participation in the $6.34 billion market cap energy services holding company. David Harding’s fund, Winton Capital Management – owner of 455,486 shares – has done so by 47% on last quarter. However, Jim Simons’ fund, Renaissance Technologies – owner of 400,261 shares – has determined to increase its participation in the firm for the same period by 71%. Lee Munder’s Lee Munder Capital Group has also decided to do the same but by only 2%.
Disclosure: Pamela Gaviño holds no position in any of the stocks or funds mentioned.