More insider buying... Multiple management executives have been recent buyers in the public market.
Between Dec. 15 and 20, chairman of the board of directors Antti Aarnio-Wihuri bought a total of 50,000 shares at an average price per share of roughly $36.77, lifting this specific account’s holdings to 225,300 shares. The cost of these purchases totaled over $1.8-million.
Mr. Aarnio-Wihuri owns or control over 50 per cent of the total shares outstanding.
Last month, the following purchases were reported.
On Dec. 10, chief financial officer Larry Warelis invested approximately $250,000 in shares of Winpak. He acquired 7,000 shares at a cost per share of $35.69, initiating a position in this particular account.
On Dec. 6, director Bruce Berry invested over $524,000 in shares of Winpak. He purchased a total of 15,000 shares for two accounts at a price per share of $34.99.
In 2017, Mr. Berry retired from his position as the company’s president and chief executive officer.