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Paranovus (PAVS) director Lu David Sean listed in new Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Paranovus Entertainment Technology Ltd. filed an initial insider ownership report for director Lu David Sean. This Form 3 establishes his status as a board member but does not list any stock transactions or derivative holdings, indicating only his role, not recent trading activity.

Positive

  • None.

Negative

  • None.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Lu David Sean

(Last)(First)(Middle)
250 PARK AVENUE,
7TH FLOOR

(Street)
NEW YORK NEW YORK 10017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
Paranovus Entertainment Technology Ltd. [ PAVS ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
No securities are beneficially owned.
/s/ David Sean Lu03/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Paranovus (PAVS) Form 3 for Lu David Sean disclose?

The Form 3 shows that Lu David Sean is a director of Paranovus Entertainment Technology Ltd. It serves as his initial insider ownership report and, in this case, does not list any specific stock or derivative transactions.

Does the PAVS Form 3 for Lu David Sean show any share purchases or sales?

No, the Form 3 for Lu David Sean reports no buy or sell transactions. All transaction counts and share amounts in the summary fields are zero, indicating only his status as a reporting director is being recorded.

Is Lu David Sean reported as a major (10%) shareholder of Paranovus (PAVS)?

The filing identifies Lu David Sean as a director but not as a 10% owner. The field for ten percent ownership is marked as zero, meaning he is not reported as holding at least ten percent of Paranovus shares.

Are there any derivative securities reported for Lu David Sean in the PAVS Form 3?

No derivative positions are listed for Lu David Sean. The derivativeSummary is empty and the derivative transaction count is zero, indicating no options, warrants, or other derivatives are reported in this initial ownership statement.

What is the significance of a Form 3 filing for Paranovus (PAVS) investors?

A Form 3 marks when someone becomes an insider, such as a director, at Paranovus. It establishes baseline ownership information for future comparison with later Forms 4 or 5, which will show any subsequent insider trades or changes in holdings.
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