Aritzia founder Brian Hill sells $200M in shares for personal and philanthropic goals
Aritzia Inc. has announced a major share sale led by its founder and executive chair, Brian Hill. The deal involves 1,537,000 subordinate voting shares, with BMO Capital Markets acting as the underwriter. The transaction is expected to generate over $200 million in gross proceeds.
The shares are being sold at $130.20 each, with none of the proceeds going to the company itself. Instead, the funds will support Hill’s estate planning, investment diversification, and charitable contributions through the ARON Charitable Foundation.
An over-allotment option has also been granted, allowing the underwriter to purchase an additional 230,550 shares if demand is strong. Despite the sale, Hill will remain Aritzia’s largest shareholder, retaining roughly 15.9% of the company.
Public filings from before January 2026 showed Hill’s stake at around 3.5% after selling 1 million shares earlier, but his current ownership—now at approximately 14 million shares—reflects this latest transaction. For the most up-to-date figures, investors are advised to check SEDAR or SEDI disclosures, as insider transactions are frequently updated.
The deal marks a significant financial move for Hill while keeping him as the company’s top individual investor. The proceeds will fund personal and philanthropic initiatives rather than corporate operations. Aritzia’s share structure will adjust accordingly once the sale is finalised.
