LiveOne (PODC holder) receives 135,135 PodcastOne shares via balance settlement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PodcastOne, Inc. reported that major shareholder LiveOne, Inc. acquired 135,135 shares of PodcastOne common stock. The shares were granted at a stated price of $0.0000 per share and were received via settlement of intercompany balances, meaning this was a non-cash, internal settlement rather than an open-market trade.
After this award, LiveOne directly holds 19,330,126 PodcastOne common shares. The transaction reflects an adjustment of balances between the two companies and does not show LiveOne buying or selling shares in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LiveOne, Inc.
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.00001 par value | 135,135 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.00001 par value — 19,330,126 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
Does the LiveOne PodcastOne (PODC) Form 4 show an open-market buy or sell?
The filing does not show any open-market buying or selling. It reports a grant or award-type acquisition, where LiveOne received 135,135 shares for $0.0000 per share to settle intercompany balances with PodcastOne.
What does the transaction code on LiveOne’s PodcastOne (PODC) Form 4 mean?
The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition. In this case, the code reflects that LiveOne received 135,135 PodcastOne shares through settlement of intercompany balances, not through a standard market trade.