Public market insider selling at Gildan Activewear (GIL)

Public market insider selling at Gildan Activewear (T:GIL)

Glenn J. Chamandy, CEO and Director, disposed of 176,348 Common Shares on a direct ownership basis at prices ranging from $38.219 to $38.863 between November 16th and 17th, 2017. This represents a $6,806,738 divestment of the company's shares and an account share holdings change of -55.7%.

Jonathan Roiter, a Senior Officer, disposed of 24,096 Common Shares on a direct ownership basis at prices ranging from $38.201 to $38.800 between November 16th, and 17th, 2017. This represents a $927,676 divestment of the company's shares and an account share holdings change of -80.2%.

Anthony Frank Corsano, a Subsidiary Executive, disposed of 5,000 Common Shares on a direct ownership basis at a price of $30.190USD on November 16th, 2017. This represents a $192,386 divestment of the company's shares and an account share holdings change of -53.0%.

Gildan Activewear is in the Apparel & Accessories Sub Industry Group under the Consumer Cyclicals Sector.

Gildan Activewear Inc. is a manufacturer and marketer of branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The Company operates through two segments: Printwear and Branded Apparel. The Printwear segment designs, manufactures, sources, markets, and distributes undecorated activewear products. The Branded Apparel segment designs, manufactures, sources, markets, and distributes branded family apparel, which includes athletic, casual and dress socks, underwear, activewear, sheer hosiery, legwear, and shapewear products, which are sold to retailers in the United States and Canada. The Company sells its products under various brands, including the Gildan, Gold Toe, Anvil, Comfort Colors, American Apparel, Alstyle, Secret, Silks, Kushyfoot, Secret Silky, Therapy Plus, Peds, and MediPeds brands. The Company distributes its products in printwear markets in the United States, Canada, Mexico, Europe, Asia-Pacific and Latin America.