PetVivo CFO converts warrant, buys 31K shares
CFO Garry Lowenthal’s controlled corporation acquired restricted common shares and exercised warrants in a private placement, increasing its indirect holdings in PETV.
Rhea-AI Filing Summary
PetVivo Holdings, Inc. (PETV) reported that Chief Financial Officer Garry N. Lowenthal, through a corporation he owns, participated in a private placement investment. On September 8, 2026, a warrant to acquire 31,250 shares of common stock at an exercise price of $1.10 per share was converted into common stock, and the corporation simultaneously acquired 31,250 shares of restricted common stock at $0.80 per share in connection with the same investment under a subscription agreement. Following these transactions, the corporation indirectly owned 985,131 shares of PetVivo common stock. No transactions were made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
31,250 shares exercised/converted
Exercise
2 txns
Insider
LOWENTHAL GARRY N
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Common Stock Warrant F1 | 31,250 | -- | -- |
| Grant/Award | Common Stock F1 | 31,250 | $0.80 | $25K |
Holdings After Transaction:
Common Stock Warrant — 31,250 contracts (Indirect, By Corporation);
Common Stock — 985,131 shares (Indirect, By Corporation)
Footnotes (1)
- F1. Represents the acquisition of restricted common stock and warrants by a corporation owned by the Reporting Person in connection with a private placement investment in the Company pursuant to a subscription agreement.
Key Figures
Warrant underlying shares converted: 31,250 shares
Warrant exercise price: $1.10 per share
Restricted common stock acquired: 31,250 shares
+3 more
6 metrics
Warrant underlying shares converted
31,250 shares
Common stock issuable upon conversion of warrant on September 8, 2026
Warrant exercise price
$1.10 per share
Exercise price for common stock under the warrant converted
Restricted common stock acquired
31,250 shares
Restricted common stock acquired in private placement on September 8, 2026
Acquisition price of restricted stock
$0.80 per share
Price per share for restricted common stock acquired by the corporation
Indirect common shares held after transaction
985,131 shares
Total PetVivo common stock indirectly owned by the corporation after the transactions
Warrant expiration date
September 9, 2029
Expiration date of the warrant that was subject to conversion
Key Terms
restricted common stock, private placement investment, subscription agreement
3 terms
restricted common stock financial
"Represents the acquisition of restricted common stock and warrants by a corporation owned by the Reporting Person"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
private placement investment financial
"in connection with a private placement investment in the Company pursuant to a subscription agreement"
A private placement investment is when a company sells stocks, bonds or other securities directly to a small group of selected investors rather than offering them to the public. For investors this matters because it can offer access to discounted prices or unique deals but also brings less liquidity, more ownership dilution for existing shareholders, and often restrictions on resale — like buying into a private club rather than trading on an open market.
subscription agreement regulatory
"in connection with a private placement investment in the Company pursuant to a subscription agreement"
A subscription agreement is a legal contract in which an investor agrees to buy a specific number of a company’s shares or other securities under set terms, including price, payment method and conditions for closing the sale. It matters to investors because it legally locks in their purchase and the company’s obligations, determines ownership percentage and any investor rights, and can include conditions or promises that affect future control or returns—like signing a detailed purchase order for equity.
FAQ
What insider transaction did PetVivo Holdings (PETV) disclose for its CFO?
PetVivo disclosed that Chief Financial Officer Garry N. Lowenthal, through a corporation he owns, converted a warrant into 31,250 shares of common stock and acquired an additional 31,250 shares of restricted common stock in a private placement investment on September 8, 2026.
What was the exercise price of the PetVivo (PETV) warrant converted in this Form 4?
The warrant converted in the transaction entitled the holder to acquire PetVivo common stock at an exercise price of $1.10 per share, with 31,250 underlying shares converted on September 8, 2026.
At what price was the restricted PetVivo (PETV) common stock acquired?
The restricted common stock was acquired by the corporation owned by Chief Financial Officer Garry N. Lowenthal at $0.80 per share for 31,250 shares, in connection with a private placement investment pursuant to a subscription agreement.
Were the PETV insider transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates that the transactions reported for Chief Financial Officer Garry N. Lowenthal were not made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
