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Public market insider selling at Cargojet (T:CJT)

Updated Tuesday Sep 17, 2019 01:26 AM EDT

Pauline Dhillon, a Senior Officer, disposed of 10,000 Common Voting Shares on a direct ownership basis at a price of $103.233 on September 10th, 2019. This represents a $1,032,330 divestment of the company's shares and an account share holdings change of -62.1%.

Jamie Bennett Porteous, a Senior Officer and Director, disposed of 1,080 Common Voting Shares on an indirect ownership basis for registered holder Jason Porteous at a price of $100.790 on September 12th, 2019. The insider also disposed of 1,300 Common Voting Shares on an indirect ownership basis for registered holder Tami Porteous at a price of $100.750 on September 12th, 2019. The insider also disposed of 1,000 Common Voting Shares on an indirect ownership basis for registered holder The Porteous Family Trust at a price of $100.391 on September 12th, 2019. This represents a $340,219 divestment of the company's shares and an account share holdings change of -6.2%.

Cargojet is in the Air Freight & Logistics Sub Industry Group under the Industrials Sector.

Cargojet Inc. is a provider of time sensitive overnight air cargo services. The Company's cargo business comprises operating a domestic overnight air cargo co-load network between over 10 Canadian cities; providing aircraft to customers on an aircraft, crew, maintenance and insurance (ACMI) basis, operating between points in Canada, the United States and Europe; operating scheduled international routes for multiple cargo customers between the United States and Bermuda, and between Canada and Europe, and providing dedicated aircraft to customers on an adhoc charter basis operating between points in Canada, the United States and other international destinations. Within its overnight network, the Company also provides domestic air cargo services for a range of international airlines between points in Canada that connect such airlines' gateways to Canada. The Company's freighter aircraft fleet includes B767-200, B757-200, B757-200 and Challenger 601, among others.

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Go to Cargojet Inc. (CJT)'s company page

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