Rohit Kapoor Sells 75% of Teekay Tankers Singapore Holdings
Rohit Kapoor, Managing Director of Singapore and head of ship management at Teekay Tankers, sold 75% of his holding in company shares. Over the last year, this was the biggest insider sale by an individual, while insiders made no purchases. Insiders still hold about US$4.7m of Teekay Tankers stock, roughly 0.2% of the company.