Public market insider selling at Gildan Activewear (GIL)

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

Glenn J. Chamandy, CEO and Director, exercised Options and disposed of 91,813 Common Shares on a direct ownership basis at a price of $50.831 on May 7th, 2019. This represents a $4,666,937 divestment of the company's shares and an account share holdings change of -32.3%.

Larry Vernon Dismukes, a Senior Officer, disposed of 810 Common Shares on a direct ownership basis at a price of $50.870 on May 8th, 2019. This represents a $41,205 divestment of the company's shares and an account share holdings change of -45.1%.

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.