Public market insider selling at Great-West Lifeco (GWO)

Public market insider selling at Great-West Lifeco (T:GWO)

Arshil Jamal, a Subsidiary Executive, disposed of 82,500 Common Shares on a direct ownership basis at prices ranging from $38.000 to $38.250 on January 4th, 2022. This represents a $3,143,125 divestment of the company's shares and an account share holdings change of -100.0%.

Great-West Lifeco is in the Life & Health Insurance Sub Industry Group under the Financials Sector.

Great-West Lifeco Inc. is a Canada-based financial services holding company. It has interests in the life insurance, health insurance, retirement savings, investment management and reinsurance businesses, primarily in Canada, the United States and Europe. Its segments include Canada, United States, Europe, and Capital and Risk Solutions. It operates through its operating subsidiaries, including The Canada Life Assurance Company (Canada Life), Great-West Life & Annuity Insurance Company (GWL&A), Putnam Investments, LLC (Putnam) and Irish Life Group Limited (Irish Life). Canada Life has interests in life insurance, health insurance, retirement savings, and investment management. GWL&A provides financial security products. Putnam offers investment management strategies including fixed income, equity, environmental, social and governance (ESG), and global asset allocation and alternatives. Irish Life offers savings and investments, life insurance, health insurance and pension products. Great-West Lifeco Inc. (GWO) has below median officer and director direct ownership compared to its large-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has divested a net amount of $3,143,125.