Public market insider selling at Xebec Adsorption (XBC)

Public market insider selling at Xebec Adsorption (T:XBC)

Kurt Sorschak, CEO, Director and 10% Holder, disposed of 1,000,000 Common Shares on a direct ownership basis at prices ranging from $1.530 to $1.565 on July 8th, 2019. This represents a $1,557,362 divestment of the company's shares and an account share holdings change of -27.7%.

Xebec Adsorption is in the Environmental Services & Equipment Sub Industry Group under the Industrials Sector.

Xebec Adsorption Inc. (Xebec) is a provider of gas purification and filtration solutions for the natural gas, field gas, biogas, nitrogen, oxygen, helium and hydrogen markets. The Company is engaged in the design and manufacturing of filtration, purification, separation and dehydration equipment for gases and compressed air. Xebec designs, engineers and manufactures products that transform raw gases into marketable sources of clean energy. The Company's product segments are biogas plants for the purification of biogas from agricultural digesters, landfill sites and waste water treatment plants; natural gas dryers for natural gas vehicles (NGV) refueling stations, and associated gas purification systems, including helium and hydrogen purification systems for fuel cell and industrial applications. Xebec operates approximately two manufacturing facilities in Blainville, and Shanghai, People's Republic of China, as well as a sales and distribution network in North America and Asia.