Director Manu Ohri receives 5,000 AXIL shares in restricted stock grant
Rhea-AI Filing Summary
Axil Brands, Inc. director Manu Ohri acquired 5,000 shares of common stock on a no-cash basis as a grant of restricted stock for non-employee director compensation. These shares vest on January 15, 2027. After the grant, he directly owns 15,001 shares, with an additional 10,000 shares held indirectly through Anarjay Concepts Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
2 txns
Insider
Ohri Manu
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,001 shares (Direct);
Common Stock — 10,000 shares (Indirect, By Anarjay Concepts Inc.)
Footnotes (2)
- F1. Represents shares of restricted stock, which will vest on January 15, 2027 and were granted as non-employee director compensation.
- F2. Mr. Ohri is the principal of Anarjay Concepts Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Axil Brands (AXIL) director Manu Ohri report on this Form 4?
Manu Ohri reported receiving 5,000 shares of Axil Brands common stock as a restricted stock grant. The award was provided as compensation for his role as a non-employee director and did not involve any cash purchase.
What is the role of Anarjay Concepts Inc. in Manu Ohri’s Axil Brands (AXIL) holdings?
Anarjay Concepts Inc. holds 10,000 Axil Brands common shares reported as indirectly owned by Manu Ohri. The filing notes that Mr. Ohri is the principal of Anarjay Concepts Inc., clarifying the relationship between his indirect ownership and the entity.