The following insiders exercised Options and sold Common Shares into the public market.
Barry Perry, CEO and Director, disposed of 251,143 Common Shares on a direct ownership basis at prices ranging from $49.000 to $49.030 between March 12th and 13th, 2019. This represents a $12,309,369 divestment of the company's shares and an account share holdings change of -47.1%.
Phonse Delaney, a Senior Officer, disposed of 13,308 Common Shares on a direct ownership basis at a price of $48.850 on March 14th, 2019. This represents a $650,096 divestment of the company's shares and an account share holdings change of -40.9%.
Jamie Roberts, a Subsidiary Executive, disposed of 4,752 Common Shares on a direct ownership basis at prices ranging from $48.435 to $49.000 on March 12th, 2019. This represents a $231,678 divestment of the company's shares and an account share holdings change of -8.9%.
Fortis is in the Electric Utilities Sub Industry Group under the Utilities Sector.
Fortis Inc. is a Canada-based electric and gas utility holding company. The Company's segments include Regulated Utilities and Non-Regulated Utilities. The Regulated Utilities segment includes Regulated Electric & Gas Utilities-the United States, which consists of ITC Holdings Corp. (ITC Holdings), UNS Energy Corporation and Central Hudson Gas & Electric Corporation (Central Hudson); Gas & Electric Utilities-Canadian, which consists of FortisAlberta Inc. (FortisAlberta), FortisBC Energy Inc. (FortisBC Energy), FortisBC Inc. (FortisBC Electric) and Newfoundland Power Inc. (Newfoundland Power); Electric Utilities-Caribbean, which includes its ownership interest in Caribbean Utilities Company, Ltd., Fortis Turks and Caicos, and its investment in Belize Electricity Limited. The Non-Regulated Utilities segment consists of Non-Regulated-Energy Infrastructure, which comprises long-term generation assets in British Columbia and Belize, and the Aitken Creek natural gas storage facility.
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