$WEYL's executive management purchased a total of 75,000 shares of the company’s common stock from the public market on February 7, 2020.
The buyers and amounts include:
President & CEO, Brent Suen: 25,000 shares, bringing total shares held to 2,857,000.
Chief strategy officer, Matthew Brent: 25,000 shares, bringing total shares held to 1,895,000.
Chief operating officer, John MacNeil: 25,000 shares, bringing total shares held to 2,295,000.
Previous insider open market purchases of common stock were made in October 2019 by Suen, who bought 99,000 shares. In November 2019, Suen purchased an additional 900,000 shares from a shareholder in a private transaction.
“Given our strong tailwinds, including the increasing number of business subscribers coming onto our CreateApp platform, our expanding geographic footprint and recent major acquisition, we see our growth continuing to accelerate over the coming quarters,” noted Suen. “We’re also seeing great enthusiasm and excitement in our segment of the tech industry—unlike anything I’ve seen in my 34 years in business.
