SS Innovations (SSII) Asia Pacific CEO-linked entity gifts 1M shares, retains 3M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SS Innovations International, Inc. director and Asia Pacific CEO Vishwajyoti Pascual Srivastava reported an indirect disposition of common stock through a bona fide gift. An entity he controls, Matilda Pvt. Ltd., transferred 1,000,000 shares of common stock at a stated price of $0.0000 per share. After this gift transfer, Matilda Pvt. Ltd. continues to hold 3,000,000 shares of SS Innovations International common stock indirectly for Srivastava. This is a non-market, non-cash transaction classified as a gift rather than a sale or purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,000,000 shares gifted
Mixed
1 txn
Insider
Vishwajyoti Pascual Srivastava
Role
CEO - Asia Pacific
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, $0.0001 par value | 1,000,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.0001 par value — 3,000,000 shares (Indirect, Held by Matilda Pvt. Ltd.)
Footnotes (1)
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Key Figures
Gifted shares: 1,000,000 shares
Shares after transaction: 3,000,000 shares
Security title: Common Stock, $0.0001 par value
+3 more
6 metrics
Gifted shares
1,000,000 shares
Bona fide gift disposition of common stock
Shares after transaction
3,000,000 shares
Indirectly held by Matilda Pvt. Ltd. following transaction
Security title
Common Stock, $0.0001 par value
Non-derivative security involved in the transaction
Transaction price
$0.0000 per share
Recorded price for the bona fide gift transfer
Transaction code
G (Bona fide gift)
Indicates non-market gift disposition on Form 4
Transaction direction
dispose
Classified as a gift transfer disposition, not a sale
Key Terms
Bona fide gift, indirect ownership, Common Stock, $0.0001 par value, controlling interest, +1 more
5 terms
Bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"direct_or_indirect: "I" and ownership_type: "indirect""
Common Stock, $0.0001 par value financial
"security_title: "Common Stock, $0.0001 par value""
controlling interest financial
"The reporting person has a controlling interest in Matilda Pvt. Ltd."
A controlling interest is when a person or group owns enough shares of a company to influence or make decisions about how it is run. It’s similar to having a majority of votes in a group project, giving you the power to guide decisions. For investors, holding a controlling interest means they can significantly affect the company’s direction and policies.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did SSII executive Vishwajyoti Pascual Srivastava report?
Srivastava reported an indirect disposition of SS Innovations International (SSII) common stock via a bona fide gift. An entity he controls, Matilda Pvt. Ltd., transferred 1,000,000 shares, with no sale proceeds, as the transaction price per share was recorded as $0.0000.
Was the SSII insider transaction a market sale or a gift?
The SS Innovations International insider transaction was classified as a bona fide gift, not a market sale. The Form 4 lists transaction code G, describes the action as a gift transfer, and reports a transaction price per share of $0.0000, indicating no sale proceeds were received.
What role does Vishwajyoti Pascual Srivastava hold at SS Innovations International (SSII)?
According to the insider filing, Vishwajyoti Pascual Srivastava is both a director and an officer of SS Innovations International, serving as CEO - Asia Pacific. This role is disclosed alongside the reported indirect gift transfer of common stock through Matilda Pvt. Ltd.