Quarterhill Inc T.QTRH

Insiders ownership as of 24-MAY

[cabbieJBJ]

Insiders have been actively acquiring QTRH shares.  Importantly, there have been ZERO sales.  These are the highlights gleaned from SEDI and the AGM Circular.

Rusty Lewis

Rusty Lewis's buys in late 2023 are well known.  Earlier this week maak posted that Lewis had bought 122.0K shares in his IRA.  A new SEDI filing just appeared showing an additional 84K purchased on Thursday.  Lewis now holds, directly and indirectly, 1.45M shares.

Chuck Myers

On joining QTRH, as part of his comp package, Chuck Myers was granted 500K RSU, exercisable in six equal installments, starting in September 2023.  Based on his actions to date, his plan appears to be to convert these into holdings in QTRH.  In Septemeber 2023, Myers exercised 83.3K RSU of which 49.0K was withheld for tax.  In March 2024, Myers purchased 11.0K sahres on the open market and he excersised his second drop of 83.3K RSUs, with 21.0K withheld for tax (reflecting his current  residence in Texas vesus California on the first exercise).  No shares have been sold; Chuck Myers now holds 87.6K shares.  

Other BoD member holdings

Although the BoD members still have several years to meet the minimum share owneship requirement, it seems that they see the timing as opportune to meet the share ownership now, with all except Anderson buying recently.  Anderson had already met the share ownership requirement. 

Here are the current share ownership positions, per SEDI filings: 
 
Bill Morris - 81.9K
Pamela Steer - 76.0K
Anna Tosto - 37.1K
Roxanne Anderson - 98.9K

Other key executives' holdings

Kyle Criest, who purchased 6.7K shares on the open market in September 2023 and currently holds 10.8K shares.
Kevin Holbert and Mike Childress hold no shares according to SEDI, but both have option and/or RSU grants from prior years.

[mrmoribund]

What?? No insider selling? James Skippen has been selling.

[cabbieJBJ]

LOL

[Socrates1]

That is all very nice and wonderful, except how exactly did or are we shareholders benefitting from the insiders buys? Usually the market notices and will react according to what they see as "near term improvements" and give the share price a little or bigger bump? That is what supposed to happen in a world where the co is actually gonna do well in the near future and signs are evident

[Socrates1]

Oh and one more thing! Please stop insulting me with stupidity, aka thinking i am CHARM? wtf are you smoking, let me know i do smoke canabis....

[cabbieJBJ]

charming!  Have a nice day.

[mrmoribund]

Socrates1, I'm sure everyone here is willing to grant that you are unique.

[Maxmoe]

Yes indeed. Very encouraging and one of the reasons I buy more on dips