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Insider Sale $SHOP Shopify Inc.

Shopify's Tobias Lutke Sold 40,500 Shares for US$7.0 Million

Oct 14, 2026Reported Updated
Insider trades at $SHOP
$239.71 CAD+8.9% 1YInteractive chart →
$252.53$130.71$239.71Aug 27, 2026 · Jessica Hertz bought 10,394 subordinate voting shares class a subordinate voting shares at $154.54 · $1.61M Aug 28, 2026 · Jessica Hertz bought 2,471 subordinate voting shares class a subordinate voting shares at $155.25 · $384K Aug 28, 2026 · Jeff Hoffmeister bought 1,966 subordinate voting shares class a subordinate voting shares at $155.25 · $305K Aug 28, 2026 · Harley Michael Finkelstein bought 1,689 subordinate voting shares class a subordinate voting shares at $155.25 · $262K Aug 28, 2026 · Jessica Hertz bought 805 subordinate voting shares class a subordinate voting shares at $155.25 · $125K Aug 28, 2026 · Jean Niehaus bought 489 subordinate voting shares class a subordinate voting shares at $155.25 · $76K Aug 28, 2026 · Jessica Hertz bought 360 subordinate voting shares class a subordinate voting shares at $155.25 · $56K×7Aug 26, 2026 · Tobias Albin Lutke sold 33,750 subordinate voting shares class a subordinate voting shares at $151.60 · $5.12M Aug 19, 2026 · Tobias Albin Lutke sold 33,750 subordinate voting shares class a subordinate voting shares at $147.26 · $4.97M Aug 26, 2026 · Tobias Albin Lutke sold 6,750 subordinate voting shares class a subordinate voting shares at $151.60 · $1.02M Aug 19, 2026 · Tobias Albin Lutke sold 6,750 subordinate voting shares class a subordinate voting shares at $147.26 · $994K×4Sep 2, 2026 · Tobias Albin Lutke sold 33,750 subordinate voting shares class a subordinate voting shares at $140.41 · $4.74M Sep 2, 2026 · Tobias Albin Lutke sold 23,823 subordinate voting shares class a subordinate voting shares at $139.61 · $3.33M Sep 9, 2026 · Tobias Albin Lutke sold 15,000 subordinate voting shares class a subordinate voting shares at $129.05 · $1.94M Sep 2, 2026 · Tobias Albin Lutke sold 6,750 subordinate voting shares class a subordinate voting shares at $140.41 · $948K Sep 9, 2026 · Tobias Albin Lutke sold 3,000 subordinate voting shares class a subordinate voting shares at $129.05 · $387K Sep 2, 2026 · Harley Michael Finkelstein sold 1,350 subordinate voting shares class a subordinate voting shares at $139.03 · $188K×6Sep 16, 2026 · Tobias Albin Lutke sold 15,000 subordinate voting shares class a subordinate voting shares at $130.59 · $1.96M Sep 14, 2026 · Jeff Hoffmeister sold 11,647 subordinate voting shares class a subordinate voting shares at $132.52 · $1.54M Sep 15, 2026 · Harley Michael Finkelstein sold 3,000 subordinate voting shares class a subordinate voting shares at $132.17 · $397K Sep 16, 2026 · Tobias Albin Lutke sold 3,000 subordinate voting shares class a subordinate voting shares at $130.59 · $392K Sep 14, 2026 · Joe Natale sold 452 subordinate voting shares class a subordinate voting shares at $129.56 · $59K Sep 11, 2026 · David Heinemeier Hansson sold 11 subordinate voting shares class a subordinate voting shares at $130.03 · $1K Sep 14, 2026 · Lulu Cheng Meservey sold 5 subordinate voting shares class a subordinate voting shares at $129.56 · $648×7Sep 15, 2026 · Harley Michael Finkelstein exercised 3,000 options at $46.56 · $140KOct 16, 2025Oct 17, 2026
insider buy (7) insider sell (17) insider option exercise (1)

Shopify director and senior officer Tobias Albin Lutke sold 40,500 shares worth US$7.0 million on October 14, 2026, according to a SEDI filing.

What the filing shows

Tobias Albin Lutke, a director and senior officer of Shopify Inc. (TSX:SHOP), sold 40,500 shares on October 14, 2026, at an average price of US$173.60 per share, for a total of US$7.0 million (C$10.0 million), according to a filing on SEDI dated October 15, 2026.

The filing covered one registered holding. No closing balance was reported for that account, so no holding or percentage can be stated.

Tobias Albin Lutke's trading at Shopify Inc.

Lutke has made 21 sale transactions at Shopify over the past 12 months, according to SEDI records.

Other insider activity at Shopify Inc.

Four other insiders at Shopify also sold shares in the past 30 days, according to SEDI. Harley Michael Finkelstein, a senior officer, most recently sold on October 15, 2026. Jessica Hertz, a senior officer, most recently sold on September 28, 2026. Jeff Hoffmeister, a senior officer, most recently sold on September 28, 2026. Jean Niehaus, a senior officer, most recently sold on September 28, 2026.

Over the past 12 months, 4 insiders at Shopify made purchases and 7 insiders made sales, according to SEDI.

Shopify Inc. across the public record

Three Members of Parliament hold shares of Shopify: two Conservative and one Liberal, according to public registry records.

Five provincial legislators hold shares of Shopify: one Alberta NDP member in Alberta, one BC NDP member in British Columbia, one Independent member in the Northwest Territories, one Progressive Conservative member in Ontario, and one United Conservative member in Alberta.

Lobbyists reported 26 meetings with the federal government on behalf of Shopify over the past 12 months, with the most recent on August 26, 2026, according to the federal lobbying registry.

Share price context

Shopify shares closed at $252.53 on October 15, 2026, the filing date.

Over the past 52 weeks, the stock's daily close ranged from a low of $130.71 to a high of $252.53.

The stock rose 45% over the prior three months.

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