VersaBank (VBNK) has notable insider buying

VersaBank (T:VBNK)

Brent Tyler Hodge, a Senior Officer, acquired 2,000 Common Shares on an indirect ownership basis for registered holder TD - RRSP at prices ranging from $14.850 and $14.900 through the public market on January 2nd, 2024. This represents a $29,773 investment into the company's shares and an account share holdings change of 28.6%.

Nikola Kristo, a Senior Officer, acquired 2,000 Common Shares on an indirect ownership basis for registered holder CIBC - Joint Non-Reg at a price of $14.900 through the public market on January 5th, 2024. This represents a $29,800 investment into the company's shares and an account share holdings change of 25.0%.

Nancy Joan McCutcheon, a Senior Officer, acquired 1,000 Common Shares on an indirect ownership basis for registered holder Mandeville - TFSA at a price of $14.770 through the public market on January 3rd, 2024. This represents a $14,770 investment into the company's shares and an account share holdings change of greater than 100%.

Deborah Ann Savage, a Senior Officer, acquired 1,000 Common Shares on an indirect ownership basis for registered holder Charles Schwab - Individual Brokerage Account at prices ranging from $11.480 and $11.500 through the public market on January 4th, 2024. This represents a $11,494 investment into the company's shares and an account share holdings change of 100.0%.

Jonathan Francis Patrick Taylor, a Senior Officer, acquired 2,000 Common Shares on an indirect ownership basis for registered holder QTrade - TFSA at prices ranging from $14.810 and $14.880 through the public market on January 3rd, 2024. This represents a $29,690 investment into the company's shares and an account share holdings change of 100.0%.

VersaBank is a Canada-based chartered bank. The Bank provides commercial lending and banking services in Canada and the United States, as well as cybersecurity services and banking and financial technology development services through the operations of its wholly owned subsidiary DRT Cyber Inc. (DRTC). It operates through two segments: Digital Banking and DRTC (cybersecurity services). Digital Banking segment obtains its deposits and provides its loans and leases electronically via deposit and lending solutions for financial intermediaries. DRTC segment develops solutions to address the volume of cyber threats challenging financial institutions, multi-national corporations and government entities. Its loan portfolio includes point-of-sale loans and leases, commercial real estate mortgages, commercial real estate loans and public sector and other financing. It also offers tax-free savings accounts, guaranteed investment certificates, and registered retirement savings plans.