Roadzen (RDZN) director reports 463,085-share distribution and indirect stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roadzen Inc. director Steven J. Carlson reported changes in how he holds company ordinary shares. On February 2, 2026, he received 463,085 ordinary shares at a price of $0.0000 per share through a pro rata distribution from Magellan Global, and now holds these shares directly. The filing also reports 892,857 ordinary shares held indirectly by Marco Polo Securities, Inc., where Mr. Carlson is chief executive officer. He may be deemed to have beneficial ownership of those indirectly held shares but disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Carlson Steven J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Ordinary Shares | 463,085 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 463,085 shares (Direct);
Ordinary Shares — 892,857 shares (Indirect, See footnote)
Footnotes (1)
- Pro rata distribution from Magellan Global, of which the reporting person is a non-managing member. Marco Polo Securities, Inc. ("MP") is the record holder of these ordinary shares. Mr. Carlson is the chief executive officer of MP, a corporation incorporated in the State of New York with offices located at 1230 Avenue of the Americas, 16th Floor, New York, NY 10020, and as such may be deemed to have beneficial ownership of the ordinary shares held directly by MP. Mr. Carlson disclaims any beneficial ownership of the shares held by MP, except to the extent of his pecuniary interest therein.
FAQ
What insider transactions did Steven J. Carlson report for RDZN?
Steven J. Carlson reported an other transaction involving 463,085 Roadzen ordinary shares on February 2, 2026. These shares were received at $0.0000 per share via a pro rata distribution from Magellan Global and are now held directly.
What indirect Roadzen (RDZN) holdings are associated with Steven J. Carlson?
The filing shows 892,857 Roadzen ordinary shares held indirectly through Marco Polo Securities, Inc.. Carlson is Marco Polo’s chief executive officer and may be deemed to have beneficial ownership, but he disclaims beneficial ownership except for his pecuniary interest in those shares.
What does transaction code J mean in the Roadzen (RDZN) Form 4?
Transaction code J on this Form 4 is described as an other acquisition or disposition of securities. In this case, it reflects a pro rata distribution of 463,085 ordinary shares from Magellan Global to Steven J. Carlson at $0.0000 per share.
How does Steven J. Carlson describe his beneficial ownership of indirectly held RDZN shares?
Carlson notes that Marco Polo Securities, Inc. is the record holder of 892,857 ordinary shares. As its CEO, he may be deemed a beneficial owner but disclaims beneficial ownership of those shares, except to the extent of his pecuniary interest in them.