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Elite Health Systems (EHSI) insiders disclose major shareholdings in 13D

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Elite Health Systems Inc. received a new Schedule 13D reporting significant insider ownership following its acquisition of Physician Support Systems, Inc. The filing shows that CEO Prasad A. Jeereddi beneficially owns 3,578,777 shares of common stock, or approximately 12.69% of the company, including 222,114 shares held through an entity where he is a managing member and major shareholder. Praveena Jeereddi, his daughter and a practicing physician, beneficially owns 1,424,520 shares, or approximately 5.05%, including 35,000 shares held by a family trust.

The filing states that the most recent share acquisitions for both reporting persons occurred in connection with Elite Health Systems’ acquisition of Physician Support Systems, Inc., where they were the principal holders. As of November 4, 2025, the company had 28,200,424 shares of common stock outstanding. The reporting persons state there is no arrangement between them regarding voting or disposition of their shares and that they have no contracts or other relationships concerning the issuer’s securities.

Positive

  • None.

Negative

  • None.





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
Represents 222,114 shares held by an entity which the Reporting Person is a managing member and major shareholder.


SCHEDULE 13D




Comment for Type of Reporting Person:
Represents 35,000 shares held by a family trust.


SCHEDULE 13D


jeereddi Prasad Anjaneya
Signature:Dr. Prasad Jeereddi
Name/Title:Dr. Prasad Jeereddi
Date:12/29/2025
Jeereddi Praveena
Signature:Dr. Praveena Jeereddi
Name/Title:Dr. Praveena Jeereddi
Date:12/29/2025

FAQ

What insider ownership did Elite Health Systems (EHSI) report in this Schedule 13D?

The Schedule 13D reports that CEO Prasad A. Jeereddi beneficially owns 3,578,777 shares of Elite Health Systems Inc. common stock, representing approximately 12.69% of the outstanding shares. Praveena Jeereddi beneficially owns 1,424,520 shares, representing approximately 5.05% of the outstanding shares.

How many Elite Health Systems (EHSI) shares are outstanding in this filing?

The filing states that the aggregate ownership percentages are based on 28,200,424 shares of Elite Health Systems Inc. common stock outstanding as of November 4, 2025.

How did Prasad and Praveena Jeereddi acquire their Elite Health Systems (EHSI) shares?

The filing explains that the shares were most recently acquired in connection with Elite Health Systems Inc.’s acquisition of Physician Support Systems, Inc. ("PSS"). The reporting persons were the principal holders of PSS before the transaction and received 1,452,680 shares (Prasad) and 1,389,520 shares (Praveena) in that acquisition.

Do the reporting persons have any agreements about voting or selling Elite Health Systems (EHSI) shares?

The Schedule 13D states that there is no arrangement between Prasad A. Jeereddi and Praveena Jeereddi regarding the voting or disposition of their Elite Health Systems Inc. common stock. It also notes that neither reporting person has contracts, arrangements, or understandings with respect to the issuer’s securities.

What voting and dispositive power do the Jeereddies report over Elite Health Systems (EHSI) shares?

Prasad A. Jeereddi reports sole voting and dispositive power over 3,356,663 shares and shared voting and dispositive power over 222,114 shares. Praveena Jeereddi reports sole voting and dispositive power over 1,389,520 shares and shared voting and dispositive power over 35,000 shares.

What roles do Prasad and Praveena Jeereddi hold in relation to Elite Health Systems (EHSI)?

The filing identifies Prasad A. Jeereddi as the CEO of Elite Health Systems Inc. and Praveena Jeereddi as a practicing physician in California. Both are citizens of the United States.