Subject: Re: Jain sale for those who don't have Barrons
I don't think these went to the company
Can you tell who the purchaser was based on the filing?
No, but you can tell the 200 shares were sold in multiple transactions and not in one block trade to Berkshire. Plus I sort of doubt Berkshire was a buyer at $700k, even for incoming A share blocks, and I don't think Berkshire likes the optics of buying shares directly from a director. It is possible there are other issues with a US company repurchasing shares directly from an insider. Fairfax recently did it with Prem but that is a Canadian company.