PetVivo Holdings (PETV) CEO converts accrued bonus into 72,500 shares
Rhea-AI Filing Summary
PetVivo Holdings Chief Executive Officer and director John Lai indirectly acquired 72,500 shares of the company’s common stock on 12/11/2025 at $1.05 per share. The transaction was a grant of restricted common stock to a corporation he owns, provided as compensation for his past performance by converting a previously accrued bonus into equity.
After this award, Lai beneficially owned 2,168,210 shares of PetVivo common stock, held indirectly through the corporation. This increases the portion of his compensation tied to the company’s stock performance.
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FAQ
What insider transaction did PetVivo Holdings (PETV) report for John Lai?
John Lai, Chief Executive Officer and director of PetVivo Holdings, reported the indirect acquisition of 72,500 shares of common stock on 12/11/2025 through a corporation he owns.
How many PetVivo (PETV) shares did John Lai acquire and at what price?
John Lai received 72,500 shares of PetVivo common stock at a price of $1.05 per share, reported as an acquisition of restricted common stock.
Was John Lai’s PetVivo (PETV) stock grant cash-based or equity-based compensation?
The transaction is described as a grant of restricted common stock given as compensation for past performance by converting a past accrued bonus into common stock, making it equity-based compensation.
How many PetVivo (PETV) shares does John Lai beneficially own after this transaction?
Following the reported grant, John Lai beneficially owned 2,168,210 shares of PetVivo common stock.
Is John Lai’s PetVivo (PETV) ownership direct or indirect?
The filing states that the 2,168,210 shares are held indirectly through a corporation, with the ownership form shown as indirect and the nature listed as “By Corporation.”
What is the nature of the restricted stock grant reported for PetVivo (PETV)?
The 72,500-share grant is explained as restricted common stock awarded to a corporation owned by John Lai as compensation for his past performance, based on converting a past accrued bonus into common stock.