Wednesday's Insider Report: This trio of financial stocks sees sizeable sales

Globe and Mail

28-05-2025

Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over.
The list features insider transaction activity; it does not convey total ownership information as an insider may hold numerous accounts.
Keep in mind, when looking at transaction activities by insiders, purchasing activity may reflect perceived value in a security. Selling activity may or may not be related to a stock's valuation; perhaps an insider needs to raise money for personal reasons. An insider's total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company. I tend to put great weight on insider transaction activity when I see multiple insiders trading a company's shares or units.
Listed below is a stock that has had recent buying activity in the public market reported by large shareholder.
Morguard Corp. (MRC-T)
On May 23, Sime Armoyan, with an ownership position exceeding 10 per cent, invested over $582,000 in shares of Morguard. She acquired 5,200 shares at a cost per share of $111.9788 for an account in which she has control or direction over (G2S2 Capital Inc.), lifting the holdings in this specific account to 1,272,023 shares.
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Listed below are three financial stocks that have had recent selling activity in the public market reported by insiders.
CI Financial Corp. (CIX-T)
On May 22 and 23, Brigette Chang, who sits on the board of directors, sold a total of 60,100 shares at an average price per share of approximately $31.41 leaving 8,779,440 shares in this particular account. Proceeds from the sales totaled more than $1.8-million, excluding commission charges.
Great-West Lifeco Inc. (GWO-T)
On May 26, president and chief operating officer of Europe and capital and risk solutions David Harney exercised his options, receiving 36,100 shares at an average cost per share of approximately $35.344, and sold 36,100 shares at a price per share of $51.8485, after which this particular account held 1,786 shares. Net proceeds totaled over $595,000, not including any associated transaction fees.
iA Financial Corporation Inc. (IAG-T)
On May 26, executive vice-president, chief growth officer Canadian operations Pierre Miron exercised his options, receiving 15,000 shares at a cost per share of $57.87, and sold 15,000 shares at a price per share of $140.2926, after which this particular account held 4,900 shares. Net proceeds exceeded $1.2-million, excluding any associated transaction charges.
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