Agroz (AGRZ) redeems 40,000 RCPS from company director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Agroz Inc. director Chaudhry Muhammad Arshad reported an issuer redemption of 40,000 Redeemable Convertible Preferred Shares (RCPS) on December 3, 2025. The shares were redeemed at $2.50 per share, for a total of $250,000, under the original RCPS terms.
The RCPS were originally convertible into Ordinary Shares on a one-for-one basis at no additional consideration, but Mr. Chaudhry did not convert these 40,000 RCPS before their two-year maturity. He previously held 100,000 RCPS and continues to hold 60,000 RCPS after this redemption.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chaudhry Muhammad Arshad
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Redeemable Convertible Preferred Shares | 40,000 | $100,000.00 | $4.00B |
Holdings After Transaction:
Redeemable Convertible Preferred Shares — 60,000 shares (Direct)
Footnotes (1)
- No consideration is payable for the conversion of the Redeemable Convertible Preferred Shares ("RCPS"). The RCPS holders may convert at a ratio of one (1) RCPS to one (1) Ordinary Share prior to the maturity date of the RCPS. The Redeemable Convertible Preferred Shares ("RCPS") are convertible until their maturity date ("Maturity Date"), which is two years after the issuance date. All RCPS which are outstanding as of the Maturity Date and have not been converted into Ordinary Shares of Agroz Inc., par value $0.0001 per share, will be fully redeemed by us at the RCPS' subscription price. Mr. Chaudhry did not convert the RCPS and they were redeemed at $2.50 per share for a total of $250,000, pursuant to the terms of the RCPS. Mr. Chaudhry previously held a total of 100,000 RCPS, 40,000 which were purchased from Agroz Inc. ("Issuer") on August 28, 2023, and 60,000 which were purchased from the Issuer on September 19, 2024. On December 3, 2025, the Issuer redeemed 40,000 RCPS at a price of $2.50 per share.
Key Figures
RCPS redeemed: 40,000 shares
Redemption price: $2.50 per share
Redemption value: $250,000
+5 more
8 metrics
RCPS redeemed
40,000 shares
Redeemable Convertible Preferred Shares redeemed on December 3, 2025
Redemption price
$2.50 per share
RCPS redemption price at maturity under terms
Redemption value
$250,000
40,000 RCPS redeemed at $2.50 per share
RCPS previously held
100,000 shares
Total RCPS held before redemption
RCPS remaining
60,000 shares
Total RCPS held after 40,000-share redemption
Conversion ratio
1 RCPS : 1 Ordinary Share
Conversion terms prior to RCPS maturity
First RCPS purchase
40,000 shares
RCPS purchased on August 28, 2023 from Agroz Inc.
Second RCPS purchase
60,000 shares
RCPS purchased on September 19, 2024 from Agroz Inc.
Key Terms
Redeemable Convertible Preferred Shares, RCPS, Maturity Date, Ordinary Shares
4 terms
RCPS financial
"Mr. Chaudhry previously held a total of 100,000 RCPS, 40,000 which were purchased..."
Maturity Date financial
"The RCPS are convertible until their maturity date ("Maturity Date"), which is two years after the issuance date."
The maturity date is the specific day when a loan, bond, or investment reaches its full term and the borrower must repay the borrowed amount in full. It is important for investors because it indicates when they will receive their initial money back and can plan their future financial steps accordingly. Think of it as the due date for a loan or the day a gift card or coupon expires.
FAQ
What did Agroz (AGRZ) director Chaudhry Muhammad Arshad report in this Form 4?
He reported that 40,000 Redeemable Convertible Preferred Shares were redeemed by Agroz Inc. at $2.50 per share, totaling $250,000, in line with the preferred share terms at maturity.
How many Agroz (AGRZ) RCPS does the director hold after the reported transaction?
After the redemption of 40,000 Redeemable Convertible Preferred Shares at $2.50 per share, Mr. Chaudhry’s reported holdings are 60,000 RCPS, reflecting the remaining portion of his original 100,000 preferred shares position.
What were the key economic terms of the Agroz (AGRZ) RCPS for this director?
The RCPS were convertible one-for-one into Ordinary Shares at no additional consideration before maturity. If not converted by the two-year maturity date, they were subject to redemption at the subscription price of $2.50 per share.