The chairman and chief executive of Norwalk industrial conglomerate EMCOR Group Inc. plans in the coming year to sell off 250,000 shares that today are worth about $6.25 million, the company says.
Frank T. MacInnis has filed a stock trading plan, according to federal securities rules, calling for the orderly trading of stock during a period ending Nov. 15, 2010, EMCOR said.
No EMCOR common stock has been sold to date under the plan, the company said. At mid-morning, its shares were down 14 cents, or 0.6 percent, to $24.71.
Any shares of EMCOR common stock MacInnis buys or sells will be disclosed publicly through Form 4 filings with the Securities and Exchange Commission, EMCOR said.
