PetVivo CFO granted 66,421 restricted shares
PetVivo Holdings, Inc. reported that its Chief Financial Officer, Garry N. Lowenthal, indirectly acquired 66,421 shares of common stock as a grant of restricted stock.
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Rhea-AI Filing Summary
PetVivo Holdings, Inc. reported that its Chief Financial Officer, Garry N. Lowenthal, indirectly acquired 66,421 shares of common stock as a grant of restricted stock. The award was made to a corporation owned by him as compensation for his past performance at an implied price of $0.72 per share.
Following this grant, the filing shows 878,881 shares of common stock held indirectly through the corporation. This is a compensation-related, non-market transaction rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 66,421 | $0.72 | $48K |
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.
Key Figures
Key Terms
restricted common stock financial
Grant, award, or other acquisition financial
indirect financial
By Corporation financial
FAQ
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What insider transaction did PetVivo (PETV) disclose for its CFO?
Was the PetVivo (PETV) CFO’s Form 4 transaction a market buy or sell?
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