Thomas Lynch, Chief Executive Officer and Chairman at TE Connectivity Ltd (NYSE:TEL), completed a disposition of 62,500 Common Shares, directly for a weighted average price of $61.65 per share yesterday. The insider also exercised his use of stock options in order to complete the transaction. Lynch has been trading his stock actively over the past few months, having unloaded 62,500 company shares for $63.41 per share in July. The insider sold the same amount of stock each month throughout most of the fiscal year so far.
However, other insiders have also been completing dispositions recently. Joseph Donahue, Executive Vice President, Chief Operating Officer and President of Network Solutions at TE Connectivity, unloaded 79,725 shares of Common Stock for $63.10 per share last Wednesday. And last Monday, the company’s Senior Vice President of Global Human Resources, Jane Leipold, disposed of 77,950 shares for a price of $63.12 per share. Also, in June, Curtin Terrence, Executive Vice President and President of Industrial Solutions, sold 169,300 shares of stock for $62.15 per share.