CEO selling at Hammond Power Solutions (HPS)

CEO selling at Hammond Power Solutions (T:HPS)

Bill Hammond, CEO and 10% Holder, disposed of 30,000 Subordinate Voting Shares Class A on a direct ownership basis at a price of $43.020 on May 15th, 2023. This represents a $1,290,600 divestment of the company's shares and an account share holdings change of -19.7%.

Hammond Power Solutions is in the Heavy Electrical Equipment Sub Industry Group under the Industrials Sector.

Hammond Power Solutions Inc. is a Canada-based company, which manufactures dry-type transformers in North America. The Company is engaged in engineering and manufacturing a range of standard and custom transformers that are exported globally in electrical equipment and systems. It serves customers in industries such as oil and gas, mining, steel, waste and water treatment, commercial construction, data centers and wind power generation. The Company's products portfolio includes active harmonic filters, autotransformers, buck-boost transformers, control transformers, distribution transformers, drive isolation transformers, delta/voltage (dv/dt) filters, encapsulated transformers, furnace transformers, medium voltage distribution, multi-pulse transformers, pad-mounted transformers, reactors, regulating transformers and unitized substations. The Company has manufacturing plants in Canada, the United States, Mexico, and India and sells its products globally.