Public market insider selling at Alimentation Couche-Tard (ATD)

Public market insider selling at Alimentation Couche-Tard (T:ATD)

Richard Fortin, a Senior Officer, Director, 10% Holder and Subsidiary Executive, disposed of 71,000 Subordinate Voting Shares Catégorie B on a direct ownership basis at a price of $44.557 on September 21st, 2020. The insider also disposed of 30,000 Subordinate Voting Shares Catégorie B on an indirect ownership basis for registered holder Fondation Lise et Richard Fortin at a price of $44.864 on the same day. This represents a $4,509,466 divestment of the company's shares and an account share holdings change of -14.3%.

Alimentation Couche-Tard is in the Food Retail & Distribution Sub Industry Group under the Consumer Non-Cyclicals Sector.

Alimentation Couche-Tard Inc. focuses on the convenience store industry. The Company focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. It operates its convenience store chain under several banners, including Circle K, Corner Store, Couche-Tard, Holiday, Ingo, Mac's, Re.Store and Topaz. It operates and licenses approximately 12,575 convenience stores across North America; Ireland; Scandinavia, including Norway, Sweden and Denmark; Poland; the Baltics, including Estonia, Latvia and Lithuania and Russia, of which 9,794 are company operated and generates income primarily from the sale of tobacco products and alternative tobacco products, grocery items, candy and snacks, beverages, beer, wine and fresh food offerings, including quick service restaurants, car wash services, other services and road transportation fuel.