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Public market insider buying at The Westaim (V:WED)

Updated Tuesday Mar 30, 2021 05:30 AM EDT

Ian William Delaney, a Senior Officer and Director, acquired 165,000 Common Shares on a direct ownership basis at a price of $2.650 on March 29th, 2021. This represents a $437,250 investment into the company's shares and an account share holdings change of 2.8%.

Glenn Garry MacNeil, CFO, acquired 1,800 Common Shares on an indirect ownership basis for registered holder LIRA at a price of $2.670 on March 29th, 2021. The insider also acquired 32,728 Common Shares on a control or direction basis for registered holder General Investment Account - G. MacNeil and C. Kovachik-MacNeil at a price of $2.670 on March 29th, 2021. This represents a $92,190 investment into the company's shares and an account share holdings change of 17.3%.

The Westaim is in the Property & Casualty Insurance Sub Industry Group under the Financials Sector.

Westaim Corporation is an investment company. The Company is engaged in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. The Company's investments include interests in Skyward Specialty and the Arena Group. Skyward has businesses in specialty lines including management and professional liability, medical stop loss, surety, E&S property and liability, and commercial property, programs, as well as multi-line solutions for the energy, trucking and construction industries. Its Arena Group includes Arena Investors, Arena Finance and Arena Origination. The Westaim Corporation (WED) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $529,440.

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Go to The Westaim Corporation (WED)'s company page

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