[Form 4] Nordicus Partners Corp Insider Trading Activity
Nordicus Partners Corp (NORD) Form 4: AC Nordic ApS, a reporting person and director, reported multiple purchases, sales and gifts of common stock between 02/18/2025 and 07/30/2025. The filing shows purchases: 2,000 shares at $5.00 (02/18/2025), 1,982 shares at $8.85 (06/02/2025), 35,000 shares at $4.00 (06/16/2025), 25,000 shares at $1.90 (07/02/2025), 42,500 shares at $1.90 (07/03/2025) and 100,000 shares at $1.90 (07/30/2025), plus a 109,750-share gift (05/28/2025) and a 113,095-share gift to GK Partners ApS (05/28/2025). Sales reported: 4,000 and 3,500 shares on 02/18/2025 at $1.90. Following the transactions the reporting person beneficially owned 3,119,335 shares. The form states transactions were reported late due to an inadvertent administrative error and is signed by the CEO.
- Continued significant insider ownership: reporting person beneficially owned 3,119,335 shares after transactions
- Detailed transaction disclosure: purchases and disposals list dates, share counts and prices, including private transactions and subscription purchases
- Late filing: the form states transactions are being reported late due to an inadvertent administrative error
- Material gifts and sales reduced direct holdings: gifts of 109,750 and 113,095 shares and private sales of 4,000 and 3,500 shares were reported
Insights
TL;DR: Multiple small purchases and large gifts altered insider stake; net ownership remains material at 3.12M shares.
The filing documents a sequence of private purchases and sales plus two large gifts on 05/28/2025. Purchases occurred across several dates at prices from $1.90 to $8.85, totaling 206,464 shares acquired (sum of listed A transactions). Two gifts reduced direct holdings by 222,845 shares, including a gift to GK Partners ApS. Net holdings after all reported activity are 3,119,335 shares, indicating continued significant insider ownership. The late-reporting remark is a governance/compliance concern but the economic positions and prices are clearly reported.
TL;DR: Late Form 4 filing noted; transaction types include private purchases, private sales and gifts—raises administrative oversight issues.
The report explicitly states transactions were reported late due to an inadvertent administrative error and is manually signed by the CEO. Multiple gift transactions (including one to GK Partners ApS) and private sales are disclosed. From a governance perspective, timely Section 16 reporting is required; a late filing is a compliance lapse even if corrective disclosure was made. The filing itself provides transparent details on amounts, prices and counterparties described as private transactions.