Public market insider selling at Magna International (MG)

Public market insider selling at Magna International (T:MG)

Seetarama Kotagiri, a Senior Officer and Director, disposed of 37,888 Common Shares on a direct ownership basis at a price of US$84.360 on November 8th, 2021. This represents a $3,978,989 divestment of the company's shares and an account share holdings change of -29.0%.

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.