Nijhawan Pardeep 4
4 · Edesa Biotech, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Edesa Biotech (EDSA) CEO Pardeep Nijhawan Buys 10,000 Shares
What Happened
- Pardeep Nijhawan, CEO of Edesa Biotech (EDSA), reported a purchase of 10,000 shares on 2026-03-05. The shares were acquired at $3.90 each for a total reported cost of $39,000. The transaction is coded P (purchase), which is a direct buy rather than a sale or option exercise.
Key Details
- Transaction date: 2026-03-05; Filing date: 2026-03-06 (filed the next day).
- Price and amount: 10,000 shares at $3.90 per share; total $39,000.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes:
- F1: Some reported shares are held by entities wholly owned by Nijhawan (Pardeep Medicine Professional Corp., The Digestive Health Clinic Inc., and 1968160 Ontario Inc.); 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 to the extent of pecuniary interest.
- No 10b5-1 trading plan, tax-withholding sale, or option exercise was indicated in the report.
Context
- Purchases by executives can be viewed as a positive signal since they increase the insider's stake, but filings do not disclose the insider's motivation. This filing appears timely (filed within one day of the trade).
Insider Transaction Report
Form 4
Nijhawan Pardeep
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Common Shares
[F1]2026-03-05$3.90/sh+10,000$39,000→ 402,702 total(indirect: Held by Pardeep Nijhawan Medicine Professional Corporation)
Holdings
- 627,813
Common Shares
- 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 1968160Ontario 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|2026-03-06