PetVivo (PETV) director awarded 35,000 restricted shares for prior Board service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jasper Joseph William reported acquisition or exercise transactions in this Form 4 filing.
PetVivo Holdings, Inc. director Jasper Joseph William received a one-time grant of 35,000 shares of restricted common stock as compensation for prior Board service, valued at $0.74 per share on the grant date. Following this award, he directly holds 135,159 common shares, with an additional 2,000 shares held indirectly by his wife. This is a compensation-related equity grant, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jasper Joseph William
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35,000 | $0.74 | $26K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 135,159 shares (Direct);
Common Stock — 2,000 shares (Indirect, By wife)
Footnotes (1)
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FAQ
What insider transaction did PetVivo (PETV) disclose for Jasper Joseph William?
PetVivo disclosed that director Jasper Joseph William received a one-time grant of 35,000 restricted common shares as compensation for prior Board service. The grant is coded as an acquisition (A) and is a stock award, not an open-market purchase.
At what price was the PetVivo (PETV) stock grant recorded for Jasper Joseph William?
The 35,000-share restricted stock grant to Jasper Joseph William was recorded at $0.74 per share. This figure reflects the transaction price used in the Form 4 and helps indicate the reference value assigned to the equity-based compensation award.
Is the PETV Form 4 transaction a market purchase or a compensation grant?
The PETV Form 4 transaction is a compensation grant, not a market purchase. It is a one-time award of 35,000 restricted common shares granted to Jasper Joseph William as compensation for prior Board service, classified under transaction code A for awards.
What does transaction code A mean in the PetVivo (PETV) Form 4 filing?
Transaction code A in the Form 4 indicates a grant, award, or other acquisition of securities. In this case, it represents a one-time grant of 35,000 restricted common shares to director Jasper Joseph William as compensation for prior service on PetVivo’s Board.