Troy Rillo Files Initial Form 3 for Texas Ventures Acquisition III (TVA)
Rhea-AI Filing Summary
Texas Ventures Acquisition III Corp (TVA) received an initial Form 3 from Troy Rillo, who is identified as an officer (Chief Financial Officer) of the issuer. The filing reports the date of the event requiring statement as 09/18/2025 and explicitly states that no securities are beneficially owned by the reporting person as of the filing. The form is signed by Troy Rillo on 10/01/2025, and the filing provides the reporting person's address in Mountainside, New Jersey.
Positive
- Initial Form 3 filed fulfilling Section 16 disclosure requirements for an officer
- Clear identification of reporting person and role (Chief Financial Officer) with event date provided
Negative
- No securities beneficially owned by the reporting person as disclosed, so there are no holdings to track
- No transaction details provided; investors cannot observe insider purchases or sales from this filing
Insights
TL;DR: Routine initial Section 16 filing noting officer appointment with no beneficial ownership reported.
This Form 3 serves as an initial Section 16 filing for Troy Rillo, identified as the Chief Financial Officer of Texas Ventures Acquisition III Corp. It documents the triggering event date of 09/18/2025 and the required disclosure that the reporting person holds no beneficial ownership of the issuer's securities at the time of filing. For compliance purposes, the filing establishes the reporting obligation and the reporting person's contact information, but contains no transactions, holdings, or derivatives to monitor.
TL;DR: Governance update confirms an officer-level insider but reports zero ownership, so no immediate insider trading disclosures follow.
The document confirms Troy Rillo's role as an officer (Chief Financial Officer) and provides the required initial disclosure under Section 16. The explicit statement that no securities are beneficially owned means there are currently no direct or indirect holdings to disclose, which limits immediate governance implications. Future Forms 4 or 5 may be required if ownership changes or if transactions occur.