Michael Smullen

Michael Smullen discloses dealings in Verano Holdings Corp. (formerly Majesta Minerals Inc.) to SEDI. The record holds 15 filings, for trades running from 13 September 2021 to 1 March 2023.

On the open market, the record shows 3 purchases worth €33k and 10 sales worth €349k. Sales outweigh purchases by €315k. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Outside the open market, there are 2 share grants. In 2023 alone, the filings show no purchases and 10 sales.

A typical purchase (the median) is worth €9,788. The 3 purchases reviewed show no overlap with other insiders buying the same stock within a month.

On 2 March 2023 came the latest disclosure, an open-market sale for €51k in Verano Holdings Corp. (formerly Majesta Minerals Inc.). The clock since the last published purchase (13 September 2021) now reads 1,868 days. The median gap between a trade and its publication by SEDI is 2 days. This delay matters because a trade only becomes useful information once it is public. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. Source: insider filings from SEDI. Past trades are no guide to future returns.