Public market insider selling at Pason Systems (PSI)

Public market insider selling at Pason Systems (T:PSI)

James Douglas Hill, a Senior Officer, Director and 10% Holder, disposed of 200,000 Common Shares on an indirect ownership basis for registered holder J.D.Hill Investments at prices ranging from $18.754 to $19.033 between June 18th and 19th, 2019. This represents a $3,777,288 divestment of the company's shares and an account share holdings change of -2.2%.

Pason Systems is in the Oil Related Services and Equipment Sub Industry Group under the Energy Sector.

Pason Systems Inc. is a Canada-based global provider of instrumentation and data management systems for drilling rigs. The Company's geographical segments include Canada, the United States, and International. The International segment includes Latin America, Offshore, the Eastern Hemisphere, and the Middle East. The Company's solutions include data acquisition, wellsite reporting, remote communications, and Web-based information management, and enable collaboration between the rig and the office. The Company's products include Pason Service, Automatic Driller, Choke Control, Electronic Drilling Recorder (EDR), Enhanced Pit Volume Totalizer (ePVT), Gas Analyzer, Hazardous Gas Alarm System and Pit Volume Totalizer (PVT), among others. The Company's rig site products include Rig Communications, Rig Display and SideKick, among others. The Company's data analysis includes DataHub, Directional System, Drilling Guidance System (DGS), Live Rig View (LRV) and LRV Mobile (LRV), among others.