Public market insider buying at The Westaim (WED)

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

Parag Shah, a Subsidiary Executive, acquired 375,000 Common Shares on a direct ownership basis at prices ranging from US$2.160 to US$2.200 on January 26th, 2023. This represents a $1,098,292 investment into the company's shares and an account share holdings change of 14.3%.

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

The Westaim Corporation is an investment company. The Company specializes 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. Its investment strategy is to pursue investment opportunities with a focus towards the global financial services industry. Its investments include interests in Skyward Specialty, Arena Investors and Arena FINCOs. Skyward Specialty is a diversified specialty property & casualty insurance holding company that underwrites select property, casualty, surety, and accident and health insurance coverages. The Arena FINCOs include specialty finance companies that primarily purchase fundamentals-based, asset-oriented credit and other investments. Arena Investors operates as an investment manager.