Option-related selling insider selling at TC Energy (TRP)

Option-related selling insider selling at TC Energy (T:TRP)

The following insiders exercised Options and sold Common Shares on February 18th:

Donald R. Marchand, CFO, disposed of 322,333 Common Shares on a direct ownership basis at prices ranging from $74.449 to $74.655. This represents a $24,033,814 divestment of the company's shares and an account share holdings change of -100.0%.

Paul E. Miller, a Subsidiary Executive, disposed of 112,028 Common Shares on a direct ownership basis at a price of $74.450. This represents a $8,340,485 divestment of the company's shares and an account share holdings change of -76.6%.

Robert E. Jones, a Subsidiary Executive, disposed of 15,679 Common Shares on a direct ownership basis at a price of $75.030. This represents a $1,176,395 divestment of the company's shares and an account share holdings change of -22.2%.

Terry J. Bennett, a Subsidiary Executive, disposed of 14,518 Common Shares on a direct ownership basis at a price of $75.076. This represents a $1,089,952 divestment of the company's shares and an account share holdings change of -55.7%.

Robert Tarvydas, a Subsidiary Executive, disposed of 10,762 Common Shares on a direct ownership basis at a price of $75.194. This represents a $809,235 divestment of the company's shares and an account share holdings change of -100.0%.

Richard Prior, a Subsidiary Executive, disposed of 9,233 Common Shares on a direct ownership basis at prices ranging from $74.412 to $75.210. The insider also acquired 261 Common Shares on a control or direction basis for registered holder Spouse's Account at a price of US$57.14 on February 19th, 2020. This represents a $666,992 net divestment of the company's shares and an account share holdings change of -64.4%.

Mary Catharine Davis, a Subsidiary Executive, disposed of 1,565 Common Shares on a direct ownership basis at a price of $75.012. This represents a $117,393 divestment of the company's shares and an account share holdings change of -100.0%.

TC Energy is in the Oil & Gas Transportation Services Sub Industry Group under the Energy Sector.

TC Energy Corp., formerly TransCanada Corp, is an energy infrastructure company. The Company is engaged in the development and operation of North American energy infrastructure, including natural gas and liquids pipelines, power generation and natural gas .storage facilities. Its segments include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines and Energy. The Company operates in three businesses: Natural Gas Pipelines, Liquids Pipelines and Energy. The Natural Gas Pipelines and Liquids Pipelines segments principally consist of its respective natural gas and liquids pipelines in Canada, the United States and Mexico, as well as its regulated natural gas storage operations in the United States. The Energy segment includes its power operations and the non-regulated natural gas storage business in Canada. TransCanada PipeLines Limited (TCPL) is its principal operating subsidiary.