More Insider Buying Minto Apartment REIT
On May 9, president and chief operating officer Jonathan Li invested nearly $700,000 in units of Minto. He bought 39,300 units at a price per unit of $17.769, initiating a position in this specific account.
In April, Mr. Li was appointed to his position as the president and chief operating officer of Minto. Prior to joining the REIT, he worked at BMO Capital Markets.
On May 9, lead trustee Allan Kimberley bought a total of 25,000 units at an average price per unit of roughly $17.70 for multiple accounts. The cost of these purchases exceeded $442,000.