Insider overview: Rockwell Automation
BY THOMSON FINANCIAL REPORTS
Monday, January 21, 2013
1/21/13 at 3:20 AM
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Douglas M. Hagerman, general counsel, on Jan. 3-4 exercised options to purchase 22,600 shares at $43.90 with a market value of $992,140. During the same two-day period, Hagerman sold 22,900 direct shares at $86.85 to $86.89 with a market value of $1,965,962.
Hagerman holds nearly 50,000 common shares in the industrial technology company. Rockwell stock has dropped an average 4.6 percent in the six months following his previous 16 insider sell decisions.
Steven W. Etzel, Rockwell officer and treasurer, on Jan. 2 exercised options to purchase 5,000 shares at $29.37 to $43.90 with a market value of $175,910. On the same day, Etzel sold 5,000 direct shares at $85.57 with a market value of $427,850.
Milwaukee-based Rockwell employs 21,000 people worldwide. The company has a Tulsa facility.
BOK Financial Corp.: Charles Frederick Ball Jr., officer and director, on Jan. 10 exercised options to purchase 632 shares at $54.33 each with a market value of $34,337. Ball exercised options four times and sold BOKF shares five times in 2012.
AT&T Inc.: Reuben V. Anderson, director, from Dec. 31 to Jan. 2 sold 2,862 direct shares at $34.07 to $34.61 with a market value of $97,639. AT&T shares historically rose an average 1.2 percent in the six months following Anderson's previous five insider sell decisions.
Last week, AT&T warned investors that it will take a fourth quarter charge of about $10 billion due to bigger than expected pension obligations. The communications giant also expressed hopes of acquiring a European firm to offset sluggish growth domestically, according to reports.