Equitable Group (EQB) has notable insider net $ buying

Equitable Group (T:EQB)

Andrew Moor, CEO, acquired 13,900 Common Shares on a direct ownership basis at a price of $36.110 through an exercise of options on December 20th, 2019. This represents a $501,929 investment into the company's shares and an account share holdings change of 38.9%.

Joao Da Costa Simoes, a Senior Officer, acquired 1,000 Common Shares on a direct ownership basis at a price of $36.110 through an exercise of options on December 20th, 2019. The insider also disposed 1,000 Common Shares on a direct ownership basis at a price of $113.000 through the public market on December 20th, 2019. This represents a $76,890 net divestment of the company's shares and an account share holdings change of 0%.

Equitable Group Inc. is a financial services business that operates through its wholly owned subsidiary, Equitable Bank (the Bank). Equitable Bank serves retail and commercial customers across Canada with a range of savings solutions and mortgage lending products, offered under the Equitable Bank and EQ Bank brands. Equitable Bank provides mortgage loans to a range of customers that include business-for-self borrowers, newcomers to Canada and commercial real estate investors. The Bank also provides Canadians with various saving options that offer security and attractive interest rates, including Guaranteed Investment Certificates (GICs), High Interest Savings Accounts (HISAs) and deposit notes. The Bank offers single family lending services, commercial lending services, securitization financing and deposit services.