The following insiders exercised Options and sold Non-Voting Shares Class "B" on July 6th on a direct ownership basis:
Bradley Shaw, CEO and Director, disposed of 50,000 Non-Voting Shares Class "B" at a price of $27.080. This represents a $1,354,000 divestment of the company's shares and an account share holdings change of -92.2%.
Julie Shaw, a Senior Officer, disposed of 30,000 Non-Voting Shares Class "B" also at a price of $27.080. This represents a $812,400 divestment of the company's shares and an account share holdings change of -51.5%.
Trevor English, a Senior Officer, disposed of 10,000 Non-Voting Shares Class "B" at a price of $27.100. This represents a $271,000 divestment of the company's shares and an account share holdings change of -100.0%.
Finally, Peter Johnson, a Senior Officer, disposed of 8,000 Non-Voting Shares Class "B" at a price of $27.000. This represents a $216,000 divestment of the company's shares and an account share holdings change of -20.0%.
Shaw Communications is in the Integrated Telecommunications Services Sub Industry Group under the Telecommunication Services Sector.
Shaw Communications Inc. (Shaw) is a diversified connectivity provider. The Company operates through four divisions: Consumer, Wireless, Business Network Services and Business Infrastructure Services. Under the Consumer division, the Company offers Cable telecommunications and Satellite video services to residential customers. Its Business Network Services division offers data networking, Cable telecommunications, Satellite video and fleet tracking services to businesses and public sector entities. Its Business Infrastructure Services division offers data center colocation, cloud technology and managed information technology (IT) solutions to businesses. The Company offers wireless services for voice and data communications through its Wireless division. Its wireline services offer approximately 120 high definition (HD) channels and over 10,000 on-demand, pay-per-view and subscription movie and television programming titles. Shaw Communications Inc. (SJR) has a high amount of executive buying compared to its large-cap peers in the market over the past three months. According to recent regulatory filings, four insiders have divested a net amount of $2,653,400.
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