Metro (T:MRU) has notable insider net $ selling

Eric Richer La Flèche, CEO and Director, acquired 140,000 Common Shares on a direct ownership basis at a price of $21.900 through an exercise of options on May 3rd, 2021. The insider also disposed 140,000 Common Shares on a direct ownership basis at prices ranging from $56.430 and $56.995 through the public market between May 5th, 2021 and May 6th, 2021. This represents a $4,890,684 net divestment of the company's shares and an account share holdings change of 0%.

Metro is in the Food Retail & Distribution Sub Industry Group under the Consumer Non-Cyclicals Sector.

Metro Inc. is a Canada-based company engaged in the food and pharmaceutical industry. The Company, as a retailer, franchisor or distributor, operates under various grocery banners in the conventional supermarket and discount segments. It operates approximately 327 supermarkets under the Metro and Metro Plus banners. Its approximately 232 discount stores operating under the Super C and Food Basics banners offer products at low prices to consumers who are both cost and quality-conscious. Its Adonis banner, which has approximately 13 stores, specializes in fresh products and Mediterranean and Middle-Eastern products. It also operates as a distributor for independent neighborhood grocery stores. It operates Premiere Moisson, a company specialized in artisan bakery, pastry, and deli products. It operates approximately 72 drugstores in Ontario under Metro Pharmacy and Food Basics Pharmacy banners.