CEO selling at CIBC (CM)

CEO selling at CIBC (T:CM)

Victor George Dodig, CEO and Director, exercised Options and sold 16,000 Common Shares on a direct ownership basis at a price of $122.910 on September 18th, 2018. This represents a $1,966,560 divestment of the company's shares and an account share holdings change of -49.7%.

CIBC is in the Banks Sub Industry Group under the Financials Sector.

Canadian Imperial Bank of Commerce (CIBC) is a global financial institution. The Company provides a range of financial products and services to approximately 11 million individual, small business, commercial, corporate and institutional clients in Canada and around the world. The Company operates through three segments: Retail and Business Banking, Wealth Management and Capital Markets. The Company's Retail and Business Banking segment provides personal and business clients across Canada with financial advice, products and services in its banking centers or through remote channels, such as mobile advisors, telephone, online or mobile banking. The Company's Wealth Management segment provides advice and investment solutions. The Company's Capital Markets segment provides integrated credit and global markets products, investment banking advisory services and research to corporate, government and institutional clients around the world.