Edesa Biotech, Inc.·4

Mar 10, 5:02 PM ET

Nijhawan Pardeep 4

4 · Edesa Biotech, Inc. · Filed Mar 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Edesa Biotech (EDSA) CEO Pardeep Nijhawan Buys Stock

What Happened

  • Pardeep Nijhawan, CEO of Edesa Biotech, reported an open-market purchase of 1,000 shares of EDSA common stock on March 10, 2026.
  • The purchase price was $6.60 per share for a total reported value of $6,599.
  • This was a purchase (potentially a bullish signal compared with a sale), not a sale, option exercise, gift, or award.

Key Details

  • Transaction date: 2026-03-10; Transaction code: P (purchase).
  • Price per share: $6.60; Total value: $6,599.
  • Shares owned after the transaction: not specified in the provided filing details.
  • Footnotes: (F1) Several entities (Pardeep Medicine Professional Corporation, The Digestive Health Clinic Inc., and 1968160 Ontario Inc.) are wholly owned by the reporting person; he disclaims beneficial ownership except to the extent of his pecuniary interest. (F2) Reporting person is co-trustee of The New Nijhawan Family Trust 2015 and similarly disclaims beneficial ownership except to his pecuniary interest.
  • Filing appears timely (report and transaction dated 2026-03-10).

Context

  • This was an open-market purchase — a direct buy rather than an option exercise or award. Purchases by executives can be of interest to investors as they indicate the insider spent personal funds to acquire shares, but they do not by themselves prove future company performance.
  • The disclaimers in the footnotes mean some shares may be held indirectly through related entities or trusts; the reporting person limits claimed beneficial ownership to his pecuniary interest.

Insider Transaction Report

Form 4
Period: 2026-03-10
Nijhawan Pardeep
DirectorChief Executive Officer10% Owner
Transactions
  • Purchase

    Common Shares

    2026-03-10$6.60/sh+1,000$6,599628,813 total
Holdings
  • Common Shares

    [F1]
    (indirect: Held by Pardeep Nijhawan Medicine Professional Corporation)
    402,702
  • Common Shares

    [F1]
    (indirect: By Trust)
    32,609
  • Common Shares

    [F2]
    (indirect: Held by The Digestive Health Clinic Inc.)
    32,013
  • Common Shares

    [F1]
    (indirect: Held by 1968160 Ontario Inc.)
    53,104
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|2026-03-10

Documents

1 file
  • 4
    ownership.xmlPrimary