Nijhawan Pardeep 4
4 · Edesa Biotech, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Edesa Biotech (EDSA) CEO Pardeep Nijhawan Buys Stock
What Happened
- Pardeep Nijhawan, CEO of Edesa Biotech (EDSA), made two purchases on March 2, 2026: 2,000 shares at $2.00 ($4,000) and 1,000 shares at $2.28 ($2,280), for a total acquisition of 3,000 shares costing $6,280. These were reported as purchases (code P) on a Form 4.
Key Details
- Transaction dates and prices: Mar 2, 2026 — 2,000 shares @ $2.00; Mar 2, 2026 — 1,000 shares @ $2.28.
- Total acquired: 3,000 shares for $6,280.
- Filing: Form 4 filed Mar 3, 2026 reporting the Mar 2 transactions — the filing was made the next day and appears timely.
- Shares owned after transaction: Not specified in the provided report.
- Notable footnotes:
- F1: Some reported shares are held by wholly owned corporations of the reporting person; he disclaims beneficial ownership except to the extent of his pecuniary interest.
- F2: He is co-trustee of The New Nijhawan Family Trust 2015 and similarly disclaims beneficial ownership except for pecuniary interest.
- No 10b5-1 plan, option exercises, tax withholding, or late-filing flags were indicated in the details provided.
Context
- Code P indicates a straight purchase (open market or private purchase). Purchases by insiders are often watched by investors as a potential sign of confidence, but this particular acquisition is relatively small ($6.3k) and could reflect routine personal investing. The footnotes show some shares are held via related entities/trust, and the reporter disclaims broader beneficial ownership beyond personal pecuniary interest.
Insider Transaction Report
Form 4
Nijhawan Pardeep
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Common Shares
2026-03-02$2.00/sh+2,000$4,000→ 627,813 total - Purchase
Common Shares
[F1]2026-03-02$2.28/sh+1,000$2,280→ 372,702 total(indirect: Held by Pardeep Nijhawan Medicine Professional Corporation)
Holdings
- 32,609(indirect: By Trust)
Common Shares
[F1] - 32,013(indirect: Held by The Digestive Health Clinic Inc.)
Common Shares
[F2] - 53,104(indirect: Held by 1968160 Ontario Inc.)
Common Shares
[F1]
Footnotes (2)
- [F1]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.
- [F2]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.
Signature
/s/ Peter J. Weiler, Attorney-in-Fact for Pardeep Nijhawan|2026-03-03