CFO buying at Stella-Jones (SJ)

CFO buying at Stella-Jones (T:SJ)

Eric Vachon, CFO and Subsidiary Executive, acquired 5,000 Common Shares on a control or direction basis for registered holder Gestion de Patrimoine TD at a price of $38.933 on October 1st, 2019. This represents a $194,667 investment into the company's shares and an account share holdings change of greater than 100%.

Stella-Jones is in the Forest & Wood Products Sub Industry Group under the Basic Materials Sector.

Stella-Jones Inc is a Canada-based company, which is a producer and marketer of pressure treated wood products. The Company supplies North America's railroad operators with railway ties and timbers, and the continent's electrical utilities and telecommunication companies with utility poles. It manufactures and distributes residential lumber and accessories to retailers for outdoor applications, as well as industrial products, which include marine and foundation pilings, construction timbers, wood for bridges and coal tar-based products. It has treating and pole peeling facilities across Canada and the United States, and sells its products primarily in these two countries. The Company operates approximately 35 treating plants, approximately 15 pole-peeling facilities and a coal tar distillery. These facilities are located in approximately five Canadian provinces and approximately 18 American states, and are complemented by an extensive distribution network across North America. Stella-Jones Inc. (SJ) has below median officer and director direct ownership compared to its mid-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $194,667.