Racetrack operator Great Canadian Gaming Corp. has announced that a member of its management that is considered an insider of the company is planning on selling shares within the next 30 days.
Via release, Great Canadian announced that Sarah Hart, the organization’s executive director of human resources, is intending to exercise 65,000 options and sell 65,000 common shares.
Great Canadian has policies in place that are designed to provide transparency to the public about an insider's intention to trade in the company's securities. A cornerstone of that policy is a requirement that insiders give the company prior notice of any intention to trade Great Canadian securities so that the market may be alerted to that intention if the company believes that an insider is intending to trade a material quantity of the company's securities and/or a material portion of the value of such securities that are under the insider's control.
(With files from Great Canadian Gaming)
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