SS Innovations (SSII) director buys 300,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SS Innovations International director Timothy P. Adams increased his indirect stake by buying 300,000 common shares in an open-market transaction at $3.99 per share. The shares are held through the Adams Marriage Trust, which now owns 5,331,902 SSII shares for his benefit.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 300,000 shares ($1,197,000)
Net Buy
1 txn
Insider
Adams Timothy P.
Role
Director
Bought
300,000 shs ($1.20M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.0001 par value | 300,000 | $3.99 | $1.20M |
Holdings After Transaction:
Common Stock, $0.0001 par value — 5,331,902 shares (Indirect, Held by Adams Marriage Trust)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did SS Innovations (SSII) report for Timothy P. Adams?
Director Timothy P. Adams reported an open-market purchase of 300,000 SS Innovations common shares at $3.99 per share. The transaction was recorded as an indirect ownership change through the Adams Marriage Trust, which holds the shares on his behalf.
Was the SS Innovations (SSII) insider transaction a purchase or a sale?
The Form 4 shows a purchase. The transaction code is “P,” described as an open-market purchase, with 300,000 SS Innovations common shares acquired at $3.99 per share, increasing Timothy P. Adams’ indirect holdings through the Adams Marriage Trust.
How is Timothy P. Adams’ ownership in SS Innovations (SSII) structured?
The filing classifies his holdings as indirect, with shares held by the Adams Marriage Trust. A footnote states he has a 100% interest in this trust, meaning the 5,331,902 shares reported are beneficially owned by him through that entity.
Does this SS Innovations (SSII) Form 4 involve any derivative securities or options?
No derivative securities are reported in this Form 4. The transaction involves only non-derivative common stock, and the derivative summary section is empty, indicating no options, warrants, or other derivative positions disclosed in this particular filing.