Gelteq Ltd (GELS) CEO details indirect share and note holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Gelteq Ltd Chief Executive Officer Nathan J. Givoni filed an initial Form 3 reporting indirect holdings in the company through family trusts. The filing lists 657,087 Ordinary Shares held indirectly by trust and a Convertible Note convertible into 15,000 Ordinary Shares at an exercise price of $2.0000 per share, expiring on July 1, 2026. A footnote explains he has shared investment authority as a manager of the trustee entity and is a co-beneficiary, and he disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Givoni Nathan J
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Convertible Note | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Convertible Note — 15,000 shares (Indirect, By Trust);
Ordinary Shares — 657,087 shares (Indirect, By Trust)
Footnotes (1)
- The reporting person has shared investment authority as a manager of the trustee entity of certain family trusts holding shares of the Issuer, and is a co-beneficiary of such trusts. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The Convertible Note was issued in March 2026 in the principal amount of AUD$30,000.
FAQ
What does Gelteq Ltd (GELS) CEO report on this Form 3 filing?
The CEO reports indirect holdings in Gelteq Ltd through family trusts. These include 657,087 Ordinary Shares and a Convertible Note into 15,000 Ordinary Shares, reflecting his initial beneficial ownership position as an officer of the company.
What are the key terms of the Gelteq Ltd (GELS) Convertible Note disclosed?
The Convertible Note is in a principal amount of AUD$30,000 and is convertible into 15,000 Ordinary Shares at $2.0000 per share. It has an exercise and expiration date of July 1, 2026, and is held indirectly via a trust.
Are the Gelteq Ltd (GELS) securities held directly by the CEO?
No, the securities are reported as held indirectly by trust. The CEO has shared investment authority as a manager of the trustee entity, is a co-beneficiary, and disclaims beneficial ownership except to the extent of his pecuniary interest.
Does this Gelteq Ltd (GELS) Form 3 show insider buying or selling?
The Form 3 does not show insider buying or selling activity. It is an initial statement of beneficial ownership, listing existing indirect holdings in Ordinary Shares and a Convertible Note through family trusts associated with the CEO.