Public market insider selling at Canadian National Railway (CNR)

Public market insider selling at Canadian National Railway (T:CNR)

Cascade Investment, a 10% Holder, disposed of 840,000 Common Shares on a direct ownership basis at prices ranging from US$114.356 to US$118.282 between September 17th, 2021 and September 21st, 2021. This represents a $124,218,775 divestment of the company's shares and an account share holdings change of -1.2%.

Canadian National Railway is in the Ground Freight & Logistics Sub Industry Group under the Industrials Sector.

Canadian National Railway Co is engaged in the rail and related transportation business. The Company's network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America. Its network and connections to all Class I railroads provide its customers access to the three North American Free Trade Agreement nations. It carries over 300 million tons of cargo, serving exporters, importers, retailers, farmers and manufacturers. Its freight includes seven commodity representing a portfolio of goods. Canadian National Railway Company (CNR) has a high amount of executive buying compared to its large-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has divested a net amount of $124,218,775.