Director Samir Parikh receives 20,000 East West Ave Acquisition (EWAVU) shares
Rhea-AI Filing Summary
Parikh Samir reported reported purchase transactions in this Form 4 filing.
Samir Parikh, a director of East West Ave Acquisition Corp., acquired 20,000 shares of common stock on 2026-08-03 through a transfer from East West Avenue LLC, as referenced in a Registration Statement. As a result, he now directly owns 20,000 common shares of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
1 txn
Insider
Parikh Samir
Role
Director
Bought
20,000 shs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 20,000 | -- | -- |
Holdings After Transaction:
Common Stock — 20,000 shares (Direct)
Footnotes (1)
- F1. On August 3,2026, East West Avenue LLC transferred 20,000 shares of common stock of East West Ave Acquisition Corp. (the "Issuer") to Mr. Parikh as described in the Registration Statement (333-295205). As a result, Mr. Parikh directly owns 20,000 shares of common stock of the Issuer.
Key Figures
Shares acquired: 20,000 shares of common stock
Shares owned after transaction: 20,000 shares
Transaction date: 2026-08-03
3 metrics
Shares acquired
20,000 shares of common stock
Transfer from East West Avenue LLC on 2026-08-03
Shares owned after transaction
20,000 shares
Direct ownership position following 2026-08-03 transfer
Transaction date
2026-08-03
Date of transfer of 20,000 common shares to Samir Parikh
Key Terms
Registration Statement (333-295205), common stock, directly owns
3 terms
Registration Statement (333-295205) regulatory
"as described in the Registration Statement (333-295205)."
common stock financial
"transferred 20,000 shares of common stock of East West Ave Acquisition Corp."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
directly owns financial
"As a result, Mr. Parikh directly owns 20,000 shares of common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did East West Ave Acquisition Corp. (EWAVU) report?
Director Samir Parikh acquired 20,000 common shares of East West Ave Acquisition Corp. on 2026-08-03. The shares were transferred from East West Avenue LLC, and the filing states he now directly owns 20,000 shares following this transaction.
Does the Samir Parikh EWAVU transaction involve a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a plan. The filing therefore presents the 20,000-share transfer from East West Avenue LLC to Samir Parikh without indicating it was executed under a Rule 10b5-1 trading arrangement.
What security class is involved in the EWAVU insider transaction by Samir Parikh?
The transaction involves common stock of East West Ave Acquisition Corp.. On 2026-08-03, 20,000 common shares were transferred from East West Avenue LLC to director Samir Parikh, leaving him with a direct holding of 20,000 shares after the transfer.