Option-related selling at Suncor Energy (SU)

Option-related selling at Suncor Energy (T:SU)

Steven Walter Williams, CEO, exercised Options and disposed of 265,000 Common Shares on a direct ownership basis at prices ranging from $43.170 to $43.380 between February 13th, 2019 and February 14th, 2019. This represents a $11,476,500 divestment of the company's shares and an account share holdings change of -36.3%.

Kristopher Peter Smith, a Senior Officer, also exercised Options and disposed of 50,000 Common Shares on a direct ownership basis at a price of $42.890 on February 13th, 2019. This represents a $2,144,500 divestment of the company's shares and an account share holdings change of -79.3%.

Suncor Energy is in the Oil & Gas Refining and Marketing Sub Industry Group under the Energy Sector.

Suncor Energy Inc is a Canada-based integrated energy company. The Company is focused on developing Canada's petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Company's Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations. Its E&P segment consists of offshore operations off the east coast of Canada and in the North Sea, and onshore assets in North America, Libya and Syria. The Company's Refining and Marketing segment is engaged in Refining and Supply, and Marketing operations. In addition, it explores for, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally. It transports and refines crude oil, and markets petroleum and petrochemical products primarily in Canada. It markets third-party petroleum products. The Company also conducts energy trading activities.