Public market insider selling at Tricon Residential (TCN)

Public market insider selling at Tricon Residential (T:TCN)

Ira Gluskin, a Director, disposed of 65,841 Common Shares on a direct ownership basis at a price of $15.051 on March 21st, 2024. The insider also disposed of 43,855 Common Shares on a control or direction basis for registered holder 584981 Ontario Limited at a price of $15.050 on March 20th, 2024. This represents a $1,650,997 divestment of the company's shares and an account share holdings change of -100.0%.

Tricon Residential is in the Real Estate Rental, Development & Operations Sub Industry Group under the Real Estate Sector.

Tricon Residential Inc. is an owner, operator, and developer of a portfolio of approximately 38,000 single-family rental homes in the United States Sun Belt and multi-family apartments in Canada. The Company provides rental housing options for families across the United States and Canada through its technology-enabled operating platform and on-the-ground operating teams. The Company's segments include Single-Family Rental, Adjacent Businesses, and Strategic Capital. The Single-Family Rental business includes owning and operating single-family rental homes primarily within major cities in the United States Sun Belt. Its Adjacent Businesses include multi-family rental and residential development. Its multi-family rental business segment includes one Class A high-rise property in downtown Toronto known as The Selby. Through its Strategic Capital business, the Company provides asset management, property management and development management services.