Public market insider selling at Manulife Financial (MFC)

Public market insider selling at Manulife Financial (T:MFC)

James D. Gallagher, a Senior Officer, disposed of 71,687 Common Shares on a direct ownership basis at a price of $26.975 on February 18th, 2022. This represents a $1,933,735 divestment of the company's shares and an account share holdings change of -96.0%. Rahim Hirji, a Senior Officer, disposed of 55,260 Common Shares on a direct ownership basis at a price of $26.975 on February 18th, 2022. This represents a $1,490,622 divestment of the company's shares and an account share holdings change of -93.0%. Scott Hartz, a Senior Officer, disposed of 38,541 Common Shares on a direct ownership basis at a price of $26.975 on February 18th, 2022. This represents a $1,039,632 divestment of the company's shares and an account share holdings change of -37.6%.

Five other insiders also sold in smaller amounts.

Manulife Financial is in the Life & Health Insurance Sub Industry Group under the Financials Sector.

Manulife Financial Corporation is a financial services provider, which offers financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. The Company's segments include Asia, Canada, U.S., Global Wealth and Asset Management (Global WAM), and Corporate and Other. The Asia segment provides insurance products and insurance-based wealth accumulation products in Asia. The Canada segment provides insurance products, insurance-based wealth accumulation products, and banking services in Canada and has an in-force variable annuity business. The U.S. segment provides life insurance products, insurance-based wealth accumulation products and has an in-force long-term care insurance business and an in-force annuity business. The Global WAM segment provides fee-based wealth solutions to its retail, retirement and institutional customers around the world.