PetVivo director granted 35,000 restricted shares
Rudelius Robert James reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Rudelius Robert James reported acquisition or exercise transactions in this Form 4 filing.
PetVivo Holdings, Inc. director Robert James Rudelius 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 353,392 common shares. He also has an additional 21,000 shares reported as indirectly held through a corporation. This Form 4 reflects a compensation-related share grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 35,000 shares
Grant/Award
2 txns
Insider
Rudelius Robert James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35,000 | $0.74 | $26K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 353,392 shares (Direct);
Common Stock — 21,000 shares (Indirect, By corporation)
Footnotes (1)
- F1. Represents an aggregate one-time grant of 35,000 shares of PetVivo Holdings, Inc. restricted common stock ("Shares") to the Reporting Person as compensation for prior Board service.
FAQ
What insider transaction did PetVivo Holdings (PETV) report for Robert James Rudelius?
PetVivo reported that director Robert James Rudelius received a one-time grant of 35,000 restricted common shares. The grant was issued as compensation for prior Board service, rather than through an open-market purchase, making it a compensation-related equity award.
Was the PetVivo (PETV) insider transaction an open-market buy or sell?
No, the PetVivo insider transaction was not an open-market buy or sell. It was coded as a grant or award, representing 35,000 restricted common shares issued to director Robert Rudelius as compensation for past Board service, rather than a market trade.
What does the indirect ownership entry mean in the PetVivo (PETV) Form 4?
The Form 4 lists 21,000 PetVivo shares as indirectly owned by Robert Rudelius "By corporation." This indicates those shares are held through a corporate entity associated with him, distinguishing them from his 353,392 shares held in his own name.
AI-generated analysis. How Rhea-AI works. Not financial advice.