Public market insider selling at Gildan Activewear (GIL)

Public market insider selling at Gildan Activewear (T:GIL)

Benito Masi, a Senior Officer, exercised options and disposed of 43,628 Common Shares on a direct ownership basis at a price of $28.206 on October 30th, 2020. This represents a $1,230,571 divestment of the company's shares and an account share holdings change of -20.2%.

Gildan Activewear is in the Apparel & Accessories Sub Industry Group under the Consumer Cyclicals Sector.

Gildan Activewear Inc. is a manufacturer of everyday basic apparel, including activewear, underwear, socks, hosiery, and legwear products. The Company's products are sold in North America, Europe, Asia-Pacific, and Latin America to wholesale distributors, screen printers or embellishers, as well as to retailers in North America, and directly to consumers, primarily through its own e-commerce platforms. The products it manufactures and sells are marketed under its Company-owned brands, including Gildan, American Apparel, Comfort Colors, Gildan Hammer, Gold Toe, Anvil, Alstyle, Secret, Silks, Kushyfoot, Secret Silky, Therapy Plus, Peds and MediPeds. Through a sock licensing agreement providing exclusive distribution rights in the United States and Canada, it also sells socks under the Under Armour brand.