Roadzen (RDZN) director Rohan Malhotra buys 19,085 ordinary shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roadzen Inc. director, officer and more than 10% owner Rohan Malhotra reported an open-market purchase of 19,085 ordinary shares on March 2, 2026 at a weighted average price of $1.37 per share. Following this transaction, he directly owns 849,642 ordinary shares.
The Form 4 also notes additional indirect holdings through entities Avacara Pte Ltd. and RM Securities LLC, where Malhotra may be deemed to have beneficial ownership but disclaims beneficial ownership except to the extent of his pecuniary interest. It further reports restricted stock units that vest on September 17, 2026, conditioned on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 19,085 shares ($26,146)
Net Buy
4 txns
Insider
Malhotra Rohan
Role
See Remarks
Bought
19,085 shs ($26K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares | 19,085 | $1.37 | $26K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 849,642 shares (Direct);
Ordinary Shares — 17,577,213 shares (Indirect, See footnote)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.34 to $1.38, inclusive. The reporting person undertakes to provide to Roadzen Inc., any security holder of Roadzen Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. Avacara Pte Ltd. ("Avacara") is the record holder of these ordinary shares. Mr. Malhotra is the majority shareholder and managing director of Avacara, a Singapore corporation with offices located at 14 Robinson Road, #12-01/02, Far East Finance Building, Singapore, 048545, and as such may be deemed to have beneficial ownership of the ordinary shares held directly by Avacara. Mr. Malhotra disclaims any beneficial ownership of the shares held by Avacara, except to the extent of his pecuniary interest therein. RM Securities LLC is the record holder of these ordinary shares. Mr. Malhotra is the sole member of RM Securities LLC and as such may be deemed to have beneficial ownership of the ordinary shares held directly by RM Securities LLC. Mr. Malhotra disclaims any beneficial ownership of the shares held by RM Securities LLC, except to the extent of his pecuniary interest therein. Represents ordinary shares underlying restricted stock units ("RSUs") issued under the Roadzen Inc. 2023 Omnibus Incentive Plan, as amended and/or restated from time to time (the "Plan"). Each RSU represents the contingent right to receive one Issuer ordinary share. Each RSU fully vests on September 17, 2026, subject to the Reporting Person's continuous service with the Issuer through the vesting date.
FAQ
What insider transaction did Rohan Malhotra report for Roadzen (RDZN)?
Rohan Malhotra reported buying 19,085 Roadzen ordinary shares in an open-market transaction. The purchase occurred on March 2, 2026 at a weighted average price of $1.37 per share, as disclosed in his Form 4 filing with the Securities and Exchange Commission.
Does Rohan Malhotra have indirect ownership interests in Roadzen (RDZN)?
Yes. The filing states that Avacara Pte Ltd. and RM Securities LLC are record holders of certain Roadzen shares. As majority shareholder or sole member, Malhotra may be deemed a beneficial owner but disclaims beneficial ownership except for his pecuniary interest in those entities’ holdings.
What does the Form 4 say about Rohan Malhotra’s restricted stock units in Roadzen (RDZN)?
The Form 4 notes restricted stock units granted under Roadzen’s 2023 Omnibus Incentive Plan. Each RSU represents the right to receive one ordinary share, and all of these RSUs fully vest on September 17, 2026, provided Malhotra continues serving the company through that vesting date.