Gift of 10,000 SS Innovations (SSII) shares by affiliated entity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SS Innovations International, Inc. Chairman and CEO Sudhir Srivastava reported an indirect transfer of 10,000 shares of common stock as a bona fide gift. The shares were held by Sushruta Pvt. Ltd., an entity in which he has a controlling interest.
Following this non-market gift transaction, entities associated with Srivastava indirectly hold 109,585,767 shares of SS Innovations common stock. The filing reflects a routine personal transfer with no sale proceeds or open-market trading activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,000 shares gifted
Mixed
1 txn
Insider
Sudhir Srivastava
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, $0.0001 par value | 10,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.0001 par value — 109,585,767 shares (Indirect, Held by Sushruta Pvt. Ltd.)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 10,000 shares
Price per share: $0.0000
Shares held after transaction: 109,585,767 shares
+2 more
5 metrics
Gifted shares
10,000 shares
Bona fide gift of common stock
Price per share
$0.0000
Reported transaction price for gifted shares
Shares held after transaction
109,585,767 shares
Indirect holdings following gift
Transaction code
G
Bona fide gift disposition code on Form 4
Transaction date
2026-04-14
Date of reported gift transaction
Key Terms
Bona fide gift, indirect ownership, controlling interest, Form 4
4 terms
Bona fide gift financial
"transaction_code_description": "Bona fide gift"
indirect ownership financial
""ownership_type": "indirect""
controlling interest financial
"The reporting person has a controlling interest in Sushruta 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 Chairman Sudhir Srivastava report?
Sudhir Srivastava reported an indirect transfer of 10,000 SS Innovations common shares as a bona fide gift. The transaction was non-market, carried a reported price of $0.0000 per share, and did not involve any open-market buying or selling activity.
Was the SSII insider transaction a sale or a bona fide gift?
The transaction is reported as a bona fide gift, not a sale. It is coded as “G” on the Form 4, with the transaction action described as a gift transfer and the transaction price per share shown as $0.0000, indicating no sale proceeds were received.
Does the SSII Form 4 indicate any derivative exercises or option activity?
The Form 4 data indicate no derivative exercises or option-related transactions. The derivative summary is empty, and the transaction summary shows a single gift disposition of 10,000 shares, with no exercise count or exercise shares reported in this filing.