Public market insider selling at Shopify (SHOP)

Public market insider selling at Shopify (T:SHOP)

Updated Wednesday Mar 03, 2021 05:30 AM EDT

Harley Michael Finkelstein, a Senior Officer, disposed of 1,675 Subordinate Voting Shares Class A Subordinate Voting Shares on a direct ownership basis at prices ranging from US$1267.659 to US$1294.410 between March 1st and 2nd. This represents a $2,706,389 divestment of the company's shares and an account share holdings change of -44.6%.

In addition, Tobias Albin Lutke, CEO and Director, disposed of 1,329 Subordinate Voting Shares Class A Subordinate Voting Shares on a direct ownership basis at a price of US$1294.410 on March 1st, 2021. This represents a $2,178,034 divestment of the company's shares and an account share holdings change of -54.4%.

Brittany Jean Forsyth, a Senior Officer, disposed of 1,342 Subordinate Voting Shares Class A Subordinate Voting Shares on a direct ownership basis at prices ranging from US$1267.659 to US$1294.410 between March 1st and 2nd, 2021. This represents a $2,160,651 divestment of the company's shares and an account share holdings change of -46.7%.

Shopify is in the Internet Services Sub Industry Group under the Technology Sector.

Shopify Inc. (Shopify) provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Company offers subscription solutions and merchant solutions. The Company's software is used by merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts and marketplaces. The Shopify platform provides merchants with a single view of their business and customers across all of their sales channels and enables them to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics and reporting all from one integrated back office. The Shopify platform includes a mobile-optimized checkout system, which is designed to enable merchants' consumers to buy products over mobile Websites.