Christopher L. Mapes, Executive Chairman, has demonstrated a clear selling bias in recent years, with $67.5 million in total sales outweighing $20.9 million in purchases across five companies. His most significant divestments occurred in March 2024, when he executed a series of large sales in Lincoln Electric (LECO), including a $7.5 million transaction on March 13 and a $7.4 million sale the following day. These LECO disposals accounted for the majority of his recent activity, totaling over $38 million across multiple filings that month.
Mapes has maintained consistent but smaller-scale sales in Nordson Corporation (NDSN), with transactions ranging from $25,050 to $190,662 between January 2025 and January 2026. His activity in A.O. Smith (AOS) included two sales in April 2024 and April 2025, valued at $140,063 and $150,005 respectively. Notably, his filings for RPM International (RPM) and Timken (TKR) in 2024-2025 showed no dollar-valued transactions, suggesting either option exercises or minor adjustments. The absence of recent buys and the concentration of sales—particularly the substantial LECO divestment—indicate a continued reduction in holdings rather than accumulation.
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