IP Chairman, CEO John Faraci sells 5,000 company shares worth US$176,750, has sold total 50,000 shares over past 12 months totaling about US$1.6M

Kendall Sinclair

MEMPHIS, Tennessee , April 2, 2012 (press release) – John Faraci sold 5,000 shares of International Paper Co /new/ stock, or $176,750 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on March 30, 2012.

John Faraci's title was listed as "Director Chairman and CEO" at International Paper Co /new/ within the filing.

As noted on April 2, 2012, John Faraci's sale was done directly over 1 transaction on March 30, 2012. The share price for the transaction was $35.35 according to the regulatory filing detailing the trade.

If we look over the past 12 months, John Faraci has sold a total of 50,000 shares of International Paper Co /new/, proceeds from the sale totaled $1,578,500. Over the same time period, John Faraci has purchased no shares of International Paper Co /new/ stock. John Faraci has also performed other transactions including grants or awards , and payment of tax liabilites .

Let's take a quick, high-level look at insider trading at International Paper Co /new/ over the past 12 months. A total of 550,378 shares of International Paper Co /new/ stock was sold by insiders, totaling $18,122,086. Over the same time 12 month time period, no shares of International Paper Co /new/ were purchased by company insiders.

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