$2.3M of ITW sold by Roland Martel on 11/02/2012

Martel Roland M sold 36,700 shares of Illinois Tool Works Inc stock, or $2,289,166 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on November 2, 2012.

After the transaction, Martel Roland M's stake was reported as 13,633 shares of Illinois Tool Works Inc stock. In addition, Martel Roland M performed several other transactions, including using transaction codes 'M' (exercise, usually of options).

As noted on November 6, 2012, Martel Roland M's sale was done directly over 2 transactions on November 2, 2012. The share price ranged from $62.37 to $62.38 according to the regulatory filing detailing the transactions.

If we look over the past 12 months, Martel Roland M has sold a total of 36,700 shares of Illinois Tool Works Inc, proceeds from the sale totaled $2,289,166. Over the same time period, Martel Roland M has purchased no shares of Illinois Tool Works Inc stock. Martel Roland M has also performed other transactions including 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 1,985,834 shares of Illinois Tool Works Inc stock was sold by insiders, totaling $115,479,398. Over the same time 12 month time period, 3,000 shares of Illinois Tool Works Inc, for a total value of $167,020 were purchased by company insiders.

To view the complete SEC Filing: Illinois Tool Works Inc Form 4 (Insider Trading) SEC Filing