K-Bro Linen (KBL) has notable insider selling

K-Bro Linen (T:KBL)

Jerzy Marek Ostrzyzek, a Senior Officer, disposed 4,500 Common Shares on a direct ownership basis at a price of $41.750 through the public market on December 20th, 2019. This represents a $187,875 divestment of the company's shares and an account share holdings change of -33.4%.

K-Bro Linen Inc is a Canada-based owner and operator of laundry and linen processing facilities. The Company provides laundry and linen services to healthcare institutions, hotels and other commercial accounts. The Company's services include the processing, management and distribution of general and operating room linens (K Bro Operating Room (KOR) Services), including sheets, blankets, towels, tablecloths, surgical gowns and drapes, and other types of linen. Other types of processors in the Company's industry in Canada include independent privately-owned facilities (small and single facility companies), public sector central laundries, and public and private sector on-premise laundries (OPLs). Its healthcare customers include hospitals and long-term care facilities. K Bro Linen Systems Inc is the subsidiary of the Company.