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FRANKLIN, TN (MMD Newswire) January 31, 2012 -- Norman Johnson sold 54,508 shares of Clarcor Inc stock, or $2,823,514 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred between January 27, 2012 - January 30, 2012.

After the transaction, Norman Johnson's stake was reported as 126,107 shares of Clarcor Inc stock (a 30% decrease from before the transaction took place). Norman Johnson's title was listed as "Director" at Clarcor Inc within the filing.

As noted on January 31, 2012, Norman Johnson's sale was done directly over 2 transactions from January 27, 2012 to January 30, 2012. The share price for the transaction was $51.8 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Norman Johnson has sold a total of 404,106 shares of Clarcor Inc, proceeds from the sale totaled $19,873,979. Over the same time period, Norman Johnson has purchased no shares of Clarcor Inc stock. Norman Johnson has also performed other transactions including payment of tax liabilites , used transaction code "J" , and exercise of options .

Let's take a quick, high-level look at insider trading at Clarcor Inc over the past 12 months. A total of 530,175 shares of Clarcor Inc stock was sold by insiders, totaling $25,661,030. Over the same time 12 month time period, no shares of Clarcor Inc were purchased by company insiders.