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Public market insider net buying at EcoSynthetix (T:ECO)

Updated Wednesday Nov 30, 2022 03:19 AM EDT

Jeffrey Douglas MacDonald, CEO, acquired 106,779 Common Shares on a direct ownership basis at prices ranging from $3.800 to $4.000 on November 25th, 2022. This represents a $459,150 net investment into the company's shares and an account share holdings change of 10.7%.

Ralph Lewis De Jong, a Senior Officer, acquired 25,146 Common Shares on a direct ownership basis at prices ranging from $3.800 to $4.000 on November 25th, 2022. This represents a $106,984 net investment into the company's shares and an account share holdings change of 54.9%.

Edward (Ted) VanEgdom, a Senior Officer, acquired 12,992 Common Shares on a direct ownership basis at prices ranging from $3.800 to $4.000 on November 25th, 2022. This represents a $81,968 net investment into the company's shares and an account share holdings change of 6.0%.

Robert Martin Haire, CFO, acquired 7,400 Common Shares on a direct ownership basis at prices ranging from $3.800 to $4.000 on November 25th, 2022. This represents a $54,417 net investment into the company's shares and an account share holdings change of 5.6%.

EcoSynthetix is in the Specialty Chemicals Sub Industry Group under the Basic Materials Sector.

EcoSynthetix Inc. is a Canada-based renewable chemicals company that specializes in biomaterials used in a variety of end products. The Company offers a range of sustainable engineered biopolymers that allow customers to reduce their use of harmful materials, such as formaldehyde and styrene-based chemicals. It is engaged in the development and commercialization of environmentally friendly, bio-based technologies as replacement solutions for synthetic, petrochemical-based adhesives and other related products in the Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific. It operates in one segment: the biopolymer nanosphere technology platform. The Company's products include EcoSphere biopolymers, EcoMer biomonomers, EcoStix bio-based pressure-sensitive adhesives, and DuraBind bioresins. The DuraBind and EcoSphere, are used to manufacture wood composites, paper, and packaging. Its serves to the markets, such as Paper and Paperboard, Building Materials, and Other Markets. EcoSynthetix Inc. (ECO) 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, four insiders have invested a net amount of $702,519.

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