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Bullboard - Stock Discussion Forum Medipharm Labs Corp T.LABS

Alternate Symbol(s):  MEDIF

MediPharm Labs Corp. is a Canada-based full-service pharmaceutical company. The Company specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products. Through its wholesale and white label platforms, the Company formulates, develops (including through sensory testing), processes,... see more

TSX:LABS - Post Discussion

Medipharm Labs Corp > Bought 8.1MM Restricted, sold 1.6MM for Taxes.
View:
Post by TreborTheGreat on Sep 19, 2023 2:37pm

Bought 8.1MM Restricted, sold 1.6MM for Taxes.

Balance of 6.5MM is how I read it.
Comment by Danno13 on Sep 19, 2023 3:51pm
DAVID PIDDUCK owns a total of 9,411,070 shares.That shows a vote of confidence
Comment by subaru1i on Sep 19, 2023 4:21pm
He now holds 2.4% of the company and okgonow you are reading it incorrectly, a portion of it was sold for taxes, the balance bumped up his ownership in the company.  We are in VERY GOOD shape!!!  
Comment by mdjbrown on Sep 19, 2023 5:03pm
Really important for folks to understand what Restrictive Stock Units (RSU) are.  They are not purchased like a warrant, right, or regular stock options. They are rewarded to the employee / executive as a form of compensation once they are vested.  No money exchanges hands unti they are sold. Very positive though to see the majority of Labs executives have not sold many RSUs once they ...more  
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