Option-related selling at Magna International (MG)

Option-related selling at Magna International (T:MG)

Vincent Joseph Galifi, CFO, disposed of 229,672 Common Shares on a direct ownership basis at a price of US$83.700 on February 22nd, 2021. The insider also disposed of 74,709 Common Shares on a direct ownership basis at a price of $106.630 on February 22nd, 2021. This represents a $32,212,880 divestment of the company's shares and an account share holdings change of -46.5%.

Guenther Friedrich Apfalter, a Senior Officer, disposed of 127,363 Common Shares on a direct ownership basis at a price of US$82.780 on February 23rd, 2021. This represents a $13,287,480 divestment of the company's shares and an account share holdings change of -60.8%.

Bruce Cluney, a Senior Officer, disposed of 14,578 Common Shares on a direct ownership basis at a price of $105.170 on February 23rd, 2021. This represents a $1,533,168 divestment of the company's shares and an account share holdings change of -32.7%.

Aaron David McCarthy, a Senior Officer, disposed of 13,812 Common Shares on a direct ownership basis at a price of US$84.500 on February 22nd, 2021. This represents a $1,472,081 divestment of the company's shares and an account share holdings change of -79.1%.

Magna International is in the Auto, Truck & Motorcycle Parts Sub Industry Group under the Consumer Cyclicals Sector.

Magna International Inc. (Magna) is a mobility technology company. The Company's segments include Body Exteriors & Structures, Power & Vision, Seating System and Complete Vehicles. Its product capabilities include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mirrors & lighting, mechatronics and roof systems. Its products include sealing systems, sliding folding and modular roofs, active aerodynamics, lightweight composites, fuel systems, engineered glass, body systems, electronic controllers, interior mirrors, exterior mirrors, tail lamps, small lighting, seat structures, door systems, power closure systems, mechanism & hardware solutions, foam & trim products, complete vehicle manufacturing, engineering services and fuel systems.