Canadian National Railway (CNR)has notable insider net $ selling

Canadian National Railway (T:CNR)

Michael A. Cory, a Senior Officer, disposed 1,488 Common Shares on a direct ownership basis at prices ranging from $104.310 and $104.447 through the public market on October 26th, 2017. The insider also acquired 6 Common Shares on an indirect ownership basis for registered holder Olivia Tones-Svendsen at a price of $104.280 through the public market on October 26th, 2017. The insider also acquired 3 Common Shares on an indirect ownership basis for registered holder Sloan Alexandra Svendsen Cory at a price of $104.380 through the public market on October 26th, 2017. This represents a $154,479 net divestment of the company's shares and an account share holdings change of -9.6%.

Sean Finn, a Senior Officer, disposed 1,197 Common Shares on a direct ownership basis at a price of $104.600 through the public market on October 26th, 2017. This represents a $125,206 divestment of the company's shares and an account share holdings change of -8.0%.

Canadian National Railway Company is engaged in the rail and related transportation business. The Company's network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America. Its network and connections to all Class I railroads provide its customers access to the three North American Free Trade Agreement nations. It carries over 300 million tons of cargo, serving exporters, importers, retailers, farmers and manufacturers. Its freight includes seven commodity representing a portfolio of goods.