By  on August 13, 2009

Roger Farah, president and chief operating officer of Polo Ralph Lauren Corp., sold more than one-third of his stock in the company this week and converted it into almost $6.8 million in cash.

According to a Form 4 filing with the Securities and Exchange Commission, Farah sold 99,458 shares of Polo stock for an average price of $68.21 a share beginning on Aug. 10. Had those same shares been sold on July 10, when Polo’s stock closed at $50.54, they would have generated about $1.8 million less in cash.

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