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Suncor Energy (T:SU) has notable insider net $ selling

Stephen David Lile Reynish, a Senior Officer, acquired 76,667 Common Shares on a direct ownership basis at a price of $30.210 through an exercise of options on February 17th, 2017. The insider also disposed 76,667 Common Shares on a direct ownership basis at a price of $42.128 through the public market on February 17th, 2017. This represents a $913,733 net divestment of the company's shares and an account share holdings change of 0%.

Suncor Energy Inc. (Suncor) is an integrated energy company. The Company is focused on developing Canada's petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Company's Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations. Its E&P segment consists of offshore operations off the east coast of Canada and in the North Sea, and onshore assets in North America, Libya and Syria. The Company's Refining and Marketing segment is engaged in Refining and Supply, and Marketing operations. In addition, it explores for, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally. It transports and refines crude oil, and markets petroleum and petrochemical products primarily in Canada. It markets third-party petroleum products. Suncor also conducts energy trading activities.