SS Innovations (SSII) insider-linked entity transfers 21,506 shares in restructuring move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SS Innovations International, Inc. insider reporting shows an "other" type transaction involving indirect holdings associated with Chairman and CEO Sudhir Srivastava. An entity he controls, Sushruta Pvt. Ltd., transferred 21,506 shares of common stock at $5.0000 per share.
The transfer was made pursuant to a settlement agreement dated May 4, 2026. After this restructuring, Sushruta Pvt. Ltd. is reported as holding 109,564,261 shares of SS Innovations common stock indirectly for Srivastava, indicating the transaction is very small relative to his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sudhir Srivastava
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock, $0.0001 par value | 21,506 | $5.00 | $108K |
Holdings After Transaction:
Common Stock, $0.0001 par value — 109,564,261 shares (Indirect, Held by Sushruta Pvt. Ltd.)
Footnotes (1)
- Represents shares of common stock of SS Innovations International, Inc. ("SSI") transferred by the reporting person pursuant to a settlement agreement dated May 4, 2026. The reporting person has a controlling interest in Sushruta Pvt. Ltd. which holds the security of record.
Key Figures
Restructured shares: 21,506 shares
Price per share: $5.0000 per share
Indirect holdings after transaction: 109,564,261 shares
3 metrics
Restructured shares
21,506 shares
Non-derivative "other" transaction on May 12, 2026
Price per share
$5.0000 per share
Value reported for 21,506 transferred shares
Indirect holdings after transaction
109,564,261 shares
Shares held via Sushruta Pvt. Ltd. following transaction
Key Terms
Other acquisition or disposition, settlement agreement, indirect ownership, controlling interest
4 terms
Other acquisition or disposition financial
"transaction_code_description: "Other acquisition or disposition""
settlement agreement regulatory
"transferred by the reporting person pursuant to a settlement agreement dated May 4, 2026"
A settlement agreement is a legally binding deal where two sides resolve a dispute—often a lawsuit—by agreeing on terms such as payments, actions, or changes in behavior instead of continuing the case to trial. For investors it matters because settlements can create immediate costs, limit future liabilities or risks, and change a company's cash flow, reputation, or ongoing obligations much like paying a negotiated bill to avoid a lengthy, uncertain fight.
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership: "Held by Sushruta Pvt. Ltd.""
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.
FAQ
What insider transaction did SSII report for Sudhir Srivastava?
SS Innovations reported an "other" type transaction where 21,506 common shares linked to Chairman and CEO Sudhir Srivastava were transferred by Sushruta Pvt. Ltd. The move was made pursuant to a settlement agreement dated May 4, 2026, and reflects an internal restructuring.
What does the transaction code "J" mean in the SSII Form 4 filing?
Transaction code "J" in this Form 4 is described as an "Other acquisition or disposition" of non-derivative securities. Here it reflects a restructuring-type transfer of 21,506 SS Innovations shares, rather than an open-market purchase or sale, and is tied to a settlement agreement dated May 4, 2026.