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Dana Carrera, Tasso Partners disclose 15.3% stake in PAVmed (NASDAQ: PAVM)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

PAVmed Inc. Schedule 13G/A reports that Tasso Partners, LLC beneficially owns 912,996 shares (14.3%) and that Dana Carrera beneficially owns 974,246 shares (15.3%). The filing ties the ownership percentages to 6,383,089 shares outstanding as of March 27, 2026 and discloses related convertible warrants and managerial control relationships.

Positive

  • None.

Negative

  • None.

Insights

Major holder structure and control links are disclosed clearly.

The filing shows that Dana Carrera controls Tasso Capital, LLC, which manages Tasso Partners, LLC, and that beneficial ownership figures combine direct trust holdings with shares held by the LLC. The ownership percentages use an explicit denominator of March 27, 2026.

Watch subsequent Section 13 filings for any material changes in shared versus sole voting or for exercises of the disclosed warrants that could affect dilution or voting thresholds.

Ownership disclosure includes complex convertible instruments and contractual limits.

The entry details 5,365 warrants exercisable into Series D Preferred Stock convertible at $6.50 per share into up to 825,385 shares, with a contractual 9.99% ownership restriction noted. The filing cites Rule 13d-3(d)(1)(i) for inclusion of certain holdings.

Compliance attention should focus on the stated ownership cap and whether future conversions or exercises will trigger amended filings.

Tasso Partners shares 912,996 shares Amount beneficially owned by Tasso Partners, LLC
Dana Carrera shares 974,246 shares Aggregate amount beneficially owned by Dana Carrera
Shares outstanding 6,383,089 shares Denominator used for percentage calculation as of March 27, 2026
Tasso Partners ownership pct 14.3% Percent of class for Tasso Partners, LLC
Dana Carrera ownership pct 15.3% Percent of class for Dana Carrera
Warrants disclosed 5,365 warrants Warrants exercisable for Series D Preferred Stock held by reporting person
Convertible common-equivalent 825,385 shares Aggregate common shares issuable upon conversion of Series D Preferred per filing
Rule 13d-3(d)(1)(i) regulatory
"included pursuant to Rule 13d-3(d)(1)(i) of the Securities Exchange Act"
Series D Preferred Stock financial
"warrants exercisable for up to 5,365 shares of Series D Preferred Stock"
Series D preferred stock is a specific class of preferred shares typically issued in a later-stage financing round that gives holders special rights such as priority for payout before common shareholders, fixed or cumulative dividends, and often the option to convert into common shares. Investors care because these shares affect who gets paid first in a sale or liquidation, influence ownership and voting power, and change how future fundraising or an exit will impact an investor’s return—like a VIP ticket that can sometimes be exchanged for a regular ticket if that proves more valuable.
contractually stipulated 9.99% ownership restriction legal
"which contain a contractually stipulated 9.99% ownership restriction"
beneficially owned regulatory
"which are beneficially owned by Dana Carrera, which is the trustee of GCL Family Trust"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
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FAQ

What percentage of PAVmed (PAVM) does Tasso Partners, LLC report owning?

Tasso Partners, LLC reports beneficial ownership of 912,996 shares, equal to 14.3% of the class. The percentage is calculated using 6,383,089 shares outstanding as of March 27, 2026 as disclosed in the filing.

How many shares does Dana Carrera beneficially own in PAVmed (PAVM)?

Dana Carrera beneficially owns 974,246 shares, or 15.3% of the outstanding common stock. That total combines shares held by Tasso Partners, LLC and shares held by the GCL Family Trust, per the filing.

Are there convertible instruments disclosed in the PAVmed filing that could affect ownership?

Yes. The filing discloses 5,365 warrants exercisable into Series D Preferred Stock convertible at $6.50 per share into up to 825,385 common shares, and a contractual 9.99% ownership restriction is noted.

What denominator was used to calculate the ownership percentages in the Schedule 13G/A?

The ownership percentages were calculated using a denominator of 6,383,089 shares outstanding as of March 27, 2026, as stated in the issuer's annual report on Form 10-K filed on that date.

Who controls Tasso Partners, LLC according to the filing?

The filing states that Tasso Capital, LLC is the manager controlling Tasso Partners, LLC and that Dana Carrera controls Tasso Capital, LLC, explaining why shared powers and aggregated beneficial ownership are reported.





70387R502

(CUSIP Number)
03/27/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: (1) Tasso Partners, LLC owns the shares of common stock of PAVmed Inc. (the "Issuer"); Tasso Capital, LLC is the manager which controls Tasso Partners, LLC and Dana Carrera controls Tasso Capital, LLC. (2) Consists of (i) 912,996 shares of common stock held by the Reporting Person and (ii) 5,365 warrants held by the Reporting Person exercisable for up to 5,365 shares of Series D Preferred Stock at an exercise price of $1,000 per share, each with a stated value of $1,000 and convertible at $6.50 per share into an aggregate of up to 825,385 shares of common stock (which the Issuer may issue directly upon exercise in lieu of the preferred shares), which contain a contractually stipulated 9.99% ownership restriction, which are beneficially owned by Dana Carrera, which is the trustee of GCL Family Trust (the "Trust"), and included pursuant to Rule 13d-3(d)(1)(i) of the Securities Exchange Act of 1934, as amended. (3) The percentage ownership was calculated based on a denominator which is the sum of 6,383,089 shares of common stock outstanding as of March 27, 2026, as set forth in the Issuer's annual report on Form 10-K filed on March 27, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: (1) Tasso Partners, LLC owns the shares of common stock the Issuer; Tasso Capital, LLC is the manager which controls Tasso Partners, LLC and Dana Carrera controls Tasso Capital, LLC. (2) Shared voting and dispositive power consist of (i) 912,996 shares of Common Stock held by Tasso Partners, LLC and (ii) 5,365 warrants held by Tasso Partners, LLC exercisable for up to 5,365 shares of Series D Preferred Stock at an exercise price of $1,000 per share, each with a stated value of $1,000 and convertible at $6.50 per share into an aggregate of up to 825,385 shares of common stock (which the Issuer may issue directly upon exercise in lieu of the preferred shares), which contain a contractually stipulated 9.99% ownership restriction, which are beneficially owned by Dana Carrera, which is the trustee of the Trust, and included pursuant to Rule 13d-3(d)(1)(i) of the Securities Exchange Act of 1934, as amended. (3) Sole voting and dispositive power consist of 61,250 shares of common stock owned by the Trust, which are beneficially owned by Dana Carrera, the trustee of the Trust. (4) Aggregate amount beneficially owned consists of (i) 912,996 shares of Common Stock held by Tasso Partners, LLC, and (ii) 61,250 shares of common stock owned by the Trust, which are beneficially owned by Dana Carrera, the trustee of the Trust, and included pursuant to Rule 13d-3(d)(1)(i) of the Securities Exchange Act of 1934, as amended. (5) The percentage ownership was calculated based on a denominator which is the sum of 6,383,089 shares of common stock outstanding as of March 27, 2026, as set forth in the Issuer's annual report on Form 10-K filed on March 27, 2026.


SCHEDULE 13G



Tasso Partners, LLC
Signature:/s/ Dana Carrera
Name/Title:Dana Carrera/Manager of Tasso Capital, LLC, which controls Tasso Partners, LLC
Date:04/14/2026
Dana Carrera
Signature:/s/ Dana Carrera
Name/Title:Dana Carrera
Date:04/14/2026