Off-market insider selling at Heroux-Devtek (HRX)

Off-market insider selling at Heroux-Devtek (T:HRX)

Gilles Labbé, a Senior Officer, Director and 10% Holder, disposed of 804,000 Common Shares on an indirect ownership basis for registered holder 2945-0228 Québec inc. at a price of $18.120 through a private transaction on November 22nd, 2021. This represents a $14,568,480 divestment of the company's shares and an account share holdings change of -22.0%.

Heroux-Devtek is in the Aerospace & Defense Sub Industry Group under the Industrials Sector.

Heroux Devtek Inc is a Canada-based company engaged in the design, development, manufacture, repair and overhaul of landing gear and actuation systems and components for the aerospace market. It manufactures electronic enclosures, heat exchangers and cabinets for airborne radar, electro-optic systems and aircraft controls through its Magtron operations, as well as fluid filters products through its Bolton operations. In the commercial sector, it operates in commercial and business jet, regional aircraft and helicopter markets. On the defense side, it provides parts and services for military aircraft in the United States and Europe. Its facilities are involved in the design and fabrication of landing gear systems and components with the exception of the Toronto facility, which manufactures electronic enclosures, heat exchangers and cabinets for airborne radar, electro-optic systems and aircraft controls, and the Bolton facility, which manufactures fluid filters for aircraft engines.