Nijhawan Pardeep 4
4 · Edesa Biotech, Inc. · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
Edesa Biotech (EDSA) CEO Pardeep Nijhawan Receives Award
What Happened Pardeep Nijhawan, CEO of Edesa Biotech (EDSA), was granted 1,159 restricted share units (RSUs) on May 1, 2026. The filing reports these as an award/acquisition (code A) at a reported price of $0.00. Per the filing, the RSUs vested in full upon grant under the company’s 2019 Equity Incentive Compensation Plan (footnote F1).
Key Details
- Transaction date: 2026-05-01; transaction type: Award/Grant (code A).
- Shares involved: 1,159 RSUs; reported acquisition price: $0.00.
- Vesting: RSUs vested in full upon grant (see F1).
- Beneficial ownership notes: Several entities (Pardeep Medicine Professional Corporation, The Digestive Health Clinic Inc., 1968160 Ontario Inc.) are wholly owned by the reporting person; he disclaims beneficial ownership of those securities except to the extent of pecuniary interest (F2). He is also co-trustee of The New Nijhawan Family Trust 2015 and similarly disclaims beneficial ownership except to extent of pecuniary interest (F3).
- Shares owned after transaction: Not specified in the provided excerpt.
- Filing timeliness: Reported and filed on 2026-05-01 (same-day filing per the accession info).
Context This was a compensation-related grant of RSUs that vested immediately and converted to shares (no cash paid at grant, hence $0 reported). Such awards are standard executive compensation and do not, by themselves, indicate a buy or sell decision by the insider. The footnotes clarify ownership structure and that the reporting person disclaims beneficial ownership of certain shares except for his pecuniary interest.
Insider Transaction Report
- Award
Common Shares
[F1]2026-05-01+1,159→ 632,550 total
- 402,702(indirect: Held by Pardeep Nijhawan Medicine Professional Corporation)
Common Shares
[F2] - 32,609(indirect: By Trust)
Common Shares
[F3] - 32,013(indirect: Held by The Digestive Health Clinic Inc.)
Common Shares
[F2] - 53,104(indirect: Held by 1968160Ontario Inc.)
Common Shares
[F2]
Footnotes (3)
- [F1]Reflects a grant of restricted share units, which vested in full upon grant, pursuant to the Issuer's 2019 Equity Incentive Compensation Plan.
- [F2]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.
- [F3]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.