PetVivo (PETV) CFO receives 71,993-share restricted stock grant
Rhea-AI Filing Summary
LOWENTHAL GARRY N reported acquisition or exercise transactions in this Form 4 filing.
PetVivo Holdings, Inc. granted 71,993 shares of restricted common stock at $0.69 per share to a corporation owned by Chief Financial Officer Garry N. Lowenthal as compensation for past performance. These shares are held indirectly, bringing his reported indirect holdings to 812,460 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 71,993 shares
Net Buy
1 txn
Insider
LOWENTHAL GARRY N
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 71,993 | $0.69 | $50K |
Holdings After Transaction:
Common Stock — 812,460 shares (Indirect, By Corporation)
Footnotes (1)
- F1. Represents a grant of restricted common stock to a corporation owned by the Reporting Person as compensation for the Reporting Person's past performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PetVivo (PETV) report for its CFO?
PetVivo reported a grant of 71,993 shares of restricted common stock at $0.69 per share to a corporation owned by its CFO, Garry N. Lowenthal, as compensation for past performance, increasing his indirect share holdings.
What does the transaction code “A” mean in the PetVivo (PETV) Form 4?
In this Form 4, transaction code “A” indicates a grant, award, or other acquisition of shares. For PetVivo’s CFO, it reflects a grant of restricted common stock as compensation, rather than a purchase or sale on the open market.
Is the PetVivo (PETV) CFO’s stock grant linked to a trading plan?
The disclosure describes the transaction as a grant of restricted common stock to a corporation owned by the CFO for past performance. It does not indicate that this award was made under a trading plan, focusing instead on compensation context.