More foundation-related selling at Onex (ONEX)

More foundation-related selling at Onex (T:ONEX)

Gerald Wilfred Schwartz, CEO, Director, 10% Holder and Subsidiary Executive, disposed of 137,801 Subordinate Voting Shares on a control or direction basis for registered holder The Gerald Schwartz and Heather Reisman Foundation at prices ranging from $87.100 to $88.560 between June 16th and 18th, 2021. This represents a $12,140,121 divestment of the company's shares and an account share holdings change of -1.3%.

Onex is in the Investment Management & Fund Operators Sub Industry Group under the Financials Sector.

Onex Corp is a Canada-based private equity company. Its segments include Electronics Manufacturing Services, including Celestica Inc. that provides electronics manufacturing services; Healthcare Imaging, including Carestream Health, Inc. that provides healthcare information technology solutions; Health and Human Services, including Res-Care, Inc. that provides residential, educational and support services; Building Products, including JELD-WEN Holding, Inc. that manufactures windows and related products; Insurance Services, including USI Insurance Services; Packaging Products and Services, including SGS International, LLC and SIG Combibloc Group Holdings S.a r.l.; Business and Information Services, including Clarivate Analytics and Emerald Expositions, LLC; Food Retail and Restaurants, including Save-A-Lot; Credit Strategies, including Onex Credit Manager, and Other, including Survitec Group Limited. It also provides airlines service through its portfolio company WestJet Airlines Ltd. Onex Corporation (ONEX) has a high amount of executive buying compared to its large-cap peers in the market over the past three months. According to recent regulatory filings, one insider has divested a net amount of $12,140,121.