Christopher L. Mapes, Chairman, President and CEO at LINCOLN ELECTRIC HOLDINGS INC (LECO), sold 40,737 shares at $171.77 ($7.0M) on 2023-03-06, disclosed to the SEC on 2023-03-07.
Seasonal sale ($7.0M) by Chairman, President and CEO — this insider has traded LECO in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $173.44 | 11,487 | $2.0M | 28.4% |
| 2 | $171.77 | 14,625 | $2.5M | 35.8% |
| 3 | $171.77 | 14,625 | $2.5M | 35.8% |
| Total | $172.24 avg | 40,737 | $7.0M | 100% |
| Filing → |
| LECO | SELL | 2024-02-22 | $32.7M | — | Filing → |
| LECO | SELL | 2024-02-21 | $3.9M | — | Filing → |
| LECO | SELL | 2023-12-13 | $28.4M | — | Filing → |