BOD Shareholding Pilicy The revised Shareholding Policy requires that each director who is not an employee of the Corporation owns a number of Common Shares having a value representing at least twice the value of his/her annual retainer to act as a Board member (three times for the Chair of the Board). Each director who does not meet the Shareholding Policy has four years to comply. Each of those directors must acquire at least 25% of that value over each of those four years.
Sheila M. Frame joined the BOD on March 2019 buy has yet to buy any shares. We know that she will have to buy $30,000 ($60,000 * 2 / 4) worth of shares over the next month. So, we can suspect there weill be some insider buying if only small, forced, token purchases.
However last year's AIF showed Dale Weil was not in compliance and hadn't bought any shares during her first year either. I wonder if the BOD actually enforces this policy????