Public market insider selling at Summit Industrial In REIT (SMU)

Public market insider selling at Summit Industrial In REIT (T:SMU)

Ross Drake, CFO, disposed of 66,786 Trust Units on an indirect ownership basis for registered holder 2359715 Ontario Inc. at prices ranging from $22.710 to $22.820 on December 21st, 2021. This represents a $1,519,168 divestment of the company's shares and an account share holdings change of -42.8%.

Summit Industrial In REIT is in the Commercial REITs Sub Industry Group under the Real Estate Sector.

Summit Industrial Income REIT is a Canada-based open-ended mutual fund real estate investment trust (REIT). The Trust is involved in the commercial leasing of real estate property with approximately 160 property located in Ontario, Quebec, Alberta, British Columbia and New Brunswick. The Trust is focused on the light industrial sector of the Canadian real estate industry. Light industrial properties are one-storied properties located in or near cities. The properties house such activities as warehousing and storage, light assembly and shipping, call centers and technical support, professional services and other similar uses. The Trust's manager is Sigma Asset Management Limited.