CFO insider trading: Visram stock sales
Company: Hut 8
The claim, verbatim
CFO Shenif Visram sold 17,897 shares at $14.14/share on December 22, 2023 for $253,063, using material nonpublic information.
Source (primary)
Thompson v. Leverton — Entry #9: FIRST AMENDED COMPLAINT amending 1 Complaint, against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal, Rick… (RECAP, court_filing)
View cached copy (2026-09-26)Live source ↗
Quote: “he sold 17,897 shares of Company stock on inside information, for which he received approximately $253,063 in proceeds.”
How we checked this
Checked on September 28, 2026. The cited source supports part of this claim, but not all of it.
The complaint supports the sale details. The claim that he used inside information is an unproven allegation.
Confirmed in the source:
- CFO Shenif Visram sold 17,897 shares at an average of $14.14 on December 22, 2023
- He received approximately $253,063 in proceeds
We could not confirm this from the cited source:
- That Visram in fact traded on material nonpublic information (the complaint only alleges this)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of RECAP (https://storage.courtlistener.com/recap/gov.uscourts.nysd.618845/gov.uscourts.nysd.618845.9.0.pdf) in full (109,679 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Thompson v. Leverton — Entry #9: FIRST AMENDED COMPLAINT amending 1 Complaint, against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal, Rick…
Quote: “he sold 17,897 shares of Company stock on inside information, for which he received approximately $253,063 in proceeds.”