GLENVIEW, IL — Ronald Kropp sold 3,014 shares of Illinois Tool Works Inc stock, or $169,929 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on February 17, 2012.
After the transaction, Ronald Kropp's stake was reported as 10,046 shares of Illinois Tool Works Inc stock (a 23% decrease from before the transaction took place). In addition, Ronald Kropp performed several other transactions, including using transaction codes 'M' (exercise, usually of options). Ronald Kropp's title was listed as "Sr VP & CFO" at Illinois Tool Works Inc within the filing.
As noted on February 21, 2012, Ronald Kropp's sale was done directly over 1 transaction on February 17, 2012. The share price for the transaction was $56.38 according to the regulatory filing detailing the trade.
If we look over the past 12 months, Ronald Kropp has sold a total of 3,014 shares of Illinois Tool Works Inc, proceeds from the sale totaled $169,929. Over the same time period, Ronald Kropp has purchased no shares of Illinois Tool Works Inc stock. Ronald Kropp has also performed other transactions including payment of tax liabilites , used transaction code "J" , and exercise of options .
Let's take a quick, high-level look at insider trading at Illinois Tool Works Inc over the past 12 months. A total of 378,483 shares of Illinois Tool Works Inc stock was sold by insiders, totaling $21,484,653. Over the same time 12 month time period, 3,000 shares of Illinois Tool Works Inc, for a total value of $142,880 were purchased by company insiders.
To view the complete SEC Filing: Illinois Tool Works Inc 4 (Insider Trading) SEC Filing