Todd Thomson, a board member of Swedish semiconductor designer Sivers Industries, has acquired 12,500 shares in the company for approximately SEK 0.5 million.
The transaction was executed through his investment vehicle, Headwaters Capital, according to a report by Nyhetsbyrån Direkt.
The purchase comes at a time of heightened market scrutiny for Sivers.
The company recently faced investor skepticism following a share issuance that drew criticism regarding its lock-up conditions and overall transparency.
Thomson’s decision to add to his position may be interpreted by the market as a vote of confidence in the company’s long-term prospects, despite the recent controversy.
Insider buying of this magnitude is relatively uncommon for Sivers and stands out against the backdrop of the recent capital raise.