David B. Speer, Chairman & CEO at ILLINOIS TOOL WORKS INC (ITW), sold 163,704 shares at $60.00 ($9.8M) on 2012-08-24, disclosed to the SEC on 2012-08-27.
Scheduled sale ($9.8M) by Chairman & 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 | $60.00 | 19,927 | $1.2M | 12.2% |
| 2 | $60.00 | 68,777 | $4.1M | 42.0% |
| 3 | $60.00 | 75,000 | $4.5M | 45.8% |
| Total | $60.00 avg | 163,704 | $9.8M | 100% |
| Filing → |
| ITW | SELL | 2012-02-21 | $3.1M | — | Filing → |
| ROK | SELL | 2010-11-15 | $520K | — | Filing → |
| ITW | SELL | 2010-04-26 | $4.7M | — | Filing → |