Edesa Biotech (EDSA) CEO-linked entity adds 10,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edesa Biotech CEO-associated entity buys additional shares. On March 5, 2026, Pardeep Nijhawan Medicine Professional Corporation, an entity wholly owned by Edesa Biotech CEO and 10% owner Pardeep Nijhawan, purchased 10,000 common shares of Edesa Biotech at $3.90 per share in an open-market transaction, reported as indirect ownership.
Following this purchase, that corporation held 402,702 common shares. Nijhawan also reported 627,813 common shares held directly, plus additional indirect holdings through The New Nijhawan Family Trust 2015 and several wholly owned entities, while disclaiming beneficial ownership beyond his pecuniary interest in those indirect positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares ($39,000)
Net Buy
5 txns
Insider
Nijhawan Pardeep
Role
Chief Executive Officer
Bought
10,000 shs ($39K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 10,000 | $3.90 | $39K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 402,702 shares (Indirect, Held by Pardeep Nijhawan Medicine Professional Corporation);
Common Shares — 627,813 shares (Direct)
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 Pardeep Nijhawan?
Edesa Biotech reported that an entity wholly owned by CEO Pardeep Nijhawan bought 10,000 common shares at $3.90 per share. The purchase was an open-market transaction and is reported as indirect ownership attributed to Pardeep Nijhawan through his professional corporation.
Was the Edesa Biotech (EDSA) CEO’s transaction a buy or a sell?
The reported insider transaction was a buy. Pardeep Nijhawan Medicine Professional Corporation, an entity wholly owned by CEO Pardeep Nijhawan, executed an open-market purchase of 10,000 Edesa Biotech common shares at $3.90 per share, increasing the entity’s indirectly reported holdings.