PVCT Form 4 reports purchase transactions
Pershing Edward reported open-market purchase transactions in a Form 4 filing for PVCT.
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Rhea-AI Filing Summary
Pershing Edward reported open-market purchase transactions in a Form 4 filing for PVCT. The filing lists transactions totaling 34,940 shares at a weighted average price of $2.86 per share. Following the reported transactions, holdings were 2,613,807 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series D-1 Convertible Preferred Stock | 34,940 | $2.862 | $100K |
Footnotes (3)
- F1. The Reporting Person acquired 34,940 shares of Series D-1 Preferred Stock in a private transaction.
- F2. Each share of Series D-1 Preferred Stock is convertible into 10 shares of the Issuer's common stock, par value $0.001 per share ("Common Stock").
- F3. The Series D-1 Convertible Preferred Stock will automatically convert into Common Stock on December 31, 2028, unless earlier converted into Common Stock in accordance with the terms of the Certificate of Designation for the Series D-1 Convertible Preferred Stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PVCT CEO Edward Pershing report on this Form 4?
At what price did PVCT’s CEO acquire the Series D-1 Convertible Preferred Stock?
How many PVCT derivative securities does Edward Pershing own after this transaction?
How is PVCT’s Series D-1 Convertible Preferred Stock convertible into common stock?
When will PVCT’s Series D-1 Convertible Preferred Stock automatically convert into common stock?
What is Edward Pershing’s role at Provectus Biopharmaceuticals (PVCT)?
AI-generated analysis. How Rhea-AI works. Not financial advice.