Director selling at Tricon Residential (TCN)

Director selling at Tricon Residential (T:TCN)

David Berman, a Senior Officer, Director and 10% Holder, disposed of 75,000 Common Shares on a direct ownership basis at a price of $11.520 through a private transaction on October 16th, 2020. This represents a $864,000 divestment of the company's shares and an account share holdings change of -5.3%.

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

Tricon Residential Inc, formerly Tricon Capital Group Inc, is a Canada-based rental housing company. The Company caters to the middle-market demographic throughout the United States and Canada. Its investment activities are carried on through business verticals within the North American residential real estate industry, including Tricon Housing Partners, Tricon American Homes and Tricon Lifestyle Rentals. Tricon Housing Partners offers for-sale housing. Tricon American Homes offers single-family rental. Tricon Lifestyle Rentals offers multi-family rental. The Company owns and manages approximately 30,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform. Tricon Residential Inc. (TCN) has a high amount of executive buying compared to its mid-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has divested a net amount of $864,000.