SS Innovations (SSII) COO repays $200K note with 32K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SS Innovations International, Inc. executive Barry F. Cohen, COO – Americas, reported an insider transaction involving company common stock. He tendered 32,000 shares of common stock at $6.63 per share to a non-affiliated third-party lender in satisfaction of principal and interest on a $200,000 promissory note. Following this stock-for-debt repayment, he continues to hold 7,806,088 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cohen Barry F
Role
COO - Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock, $0.0001 par value | 32,000 | $6.63 | $212K |
Holdings After Transaction:
Common Stock, $0.0001 par value — 7,806,088 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SSII executive Barry F. Cohen report?
Barry F. Cohen reported an insider transaction involving SSII common stock. He tendered 32,000 shares to a non-affiliated lender to repay principal and interest on a $200,000 promissory note, rather than using cash, according to the Form 4 filing.
Was Barry F. Cohen’s SSII stock transaction a typical buy or sell?
The filing classifies the transaction as an “other” type, not a standard buy or sell. Cohen tendered 32,000 SSII shares to a non-affiliated lender to satisfy principal and interest on a $200,000 promissory note, functioning as repayment rather than an open-market trade.