IHS Chemical Week

People & Business :: Earnings/Finance

Airgas executive chairman sells stock

3:47 PM MST | November 28, 2012 | Lindsay Frost

Airgas executive chairman Peter McCausland sold 1.2-million shares of the company’s common stock in a privately negotiated trade on 26 November. McCausland sold his shares because of personal financial planning manners—including tax planning and the repayment of debt incurred from a number of Airgas stock options in recent years, and is thus holding the resulting shares, the company says. After the sale, McCausland’s ownership of Airgas’s common stock was about 7-million shares, a roughly 9% stake in the...

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