Insider Trading at Esterline Technologies Corporation (ESL): Alain Durand Sells and Buys Again


Alain Michel Durand, President of Sensors and Systems Segment at Esterline Technologies Corporation (NYSE:ESL) disclosed today the disposal of 3,975 shares at an average price of $106.696. These shares were previously acquired using Employee Stock Options that he held. The first purchase involved 2,900 shares at a unit price of $51.08. The second transaction involved 1,075 shares, acquired at $41 each. This is Mr. Durand’s second sale this month. He now owns no shares of the company.

Marcia J. Mason, Vice Presiden and General Counsel at Esterline Technologies Corporation (NYSE:ESL) also sold shares this year. Ms. Mason disposed of over 22,000 shares last June at prices ranging from $115.64 to $119.11, and now owns 3,380 shares.

Ralph V. Whitworth’s Relational Investors is the largest shareholding institution (amongst those we track) at Esterline Technologies Corporation (NYSE:ESL), with close to 2.5 million shares at an estimated value of $2.85 million, after reporting a 1% increment in its holdings for the last filling period.

Esterline Technologies Corporation (NYSE:ESL) designs, manufactures and markets engineered products and systems for aerospace and defense customers.

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