Edesa Biotech (EDSA) CEO adds 1,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edesa Biotech, Inc. Chief Executive Officer Pardeep Nijhawan reported an open-market purchase of 1,000 Common Shares on March 10, 2026 at an average price of $6.5989 per share. Following this transaction, his direct holdings increased to 628,813 Common Shares.
He also reports indirect ownership positions, including 402,702 Common Shares held by Pardeep Nijhawan Medicine Professional Corporation and additional blocks held by The New Nijhawan Family Trust 2015, The Digestive Health Clinic Inc., and 1968160 Ontario Inc. He disclaims beneficial ownership of these indirect holdings except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares ($6,599)
Net Buy
5 txns
Insider
Nijhawan Pardeep
Role
Chief Executive Officer
Bought
1,000 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 1,000 | $6.5989 | $7K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 628,813 shares (Direct);
Common Shares — 402,702 shares (Indirect, Held by Pardeep Nijhawan Medicine Professional Corporation)
Footnotes (1)
- Each of Pardeep Medicine Professional Corporation, The Digestive Health Clinic Inc. and 1968160 Ontario Inc. are wholly-owned by Reporting Person. Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. Reporting Person is a co-trustee of The New Nijhawan Family Trust 2015. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
FAQ
What insider transaction did Edesa Biotech (EDSA) report for its CEO?
Edesa Biotech CEO Pardeep Nijhawan reported buying 1,000 Common Shares in the open market. The purchase occurred on March 10, 2026, at an average price of $6.5989 per share, modestly increasing his directly held stake in the company.
Was the Edesa Biotech (EDSA) CEO trade an open-market purchase or another type?
The filing identifies the CEO’s transaction as an open-market purchase of Common Shares. The transaction uses code “P,” which in Form 4 terminology indicates a purchase in the open market or a private transaction at the stated average price.
What indirect Edesa Biotech (EDSA) holdings are associated with the CEO?
The Form 4 shows indirect holdings through Pardeep Nijhawan Medicine Professional Corporation, The New Nijhawan Family Trust 2015, The Digestive Health Clinic Inc., and 1968160 Ontario Inc. Nijhawan disclaims beneficial ownership of these shares except for his pecuniary interest in those entities.