Off-market insider selling at Magnet Forensics (T:MAGT)

Adam Belsher, a Senior Officer, Director and 10% Holder, disposed of 900,000 Subordinate Voting Shares on a control or direction basis for registered holder Fortis Investments Inc. at a price of $30.300 through a prospectus or prospectus exempt offering on December 14th, 2021. This represents a $27,270,000 divestment of the company's shares and an account share holdings change of -83.0%.

Jad Saliba, a Senior Officer, Director and 10% Holder, disposed of 900,000 Subordinate Voting Shares on a control or direction basis for registered holder Candestra Holdings Inc. at a price of $30.300 through a prospectus or prospectus exempt offering on December 14th, 2021. This represents a $27,270,000 divestment of the company's shares and an account share holdings change of -83.0%.

Arcangelo Loberto, a Senior Officer, disposed of 150,000 Subordinate Voting Shares on a control or direction basis for registered holder 1000019034 Ontario Inc. at a price of $30.300 through a prospectus or prospectus exempt offering on December 14th, 2021. This represents a $4,545,000 divestment of the company's shares and an account share holdings change of -60.0%.

Scott Williams, a Senior Officer, disposed of 75,000 Subordinate Voting Shares on a control or direction basis for registered holder 1000019013 Ontario Inc. at a price of $30.300 through a prospectus or prospectus exempt offering on December 14th, 2021. This represents a $2,272,500 divestment of the company's shares and an account share holdings change of -100.0%.

Magnet Forensics is in the IT Services & Consulting Sub Industry Group under the Technology Sector.

Magnet Forensics Inc is a Canada-based company, which provides tools for cyber-attacks and digital crimes. The Company develops digital investigation software that acquires, analyzes, reports on, and manages evidence from digital sources, including computers, mobile devices, Internet of things (IoT) devices and cloud services. Its software is used by public and private sector customers. It helps investigators fight crime, protect assets and guard national security. Its products include Magnet AXIOM, Magnet AXIOM Cyber, Magnet Digital Investigation Suite, Magnet AUTOMATE, Magnet ATLAS, Magnet REVIEW, Magnet IGNITE and Magnet OUTRIDER. The Company offers solutions for law enforcement, enterprise and service providers.