STOCK TITAN

Dr. Saadi boosts control at Tevogen Bio Holdings (TVGN) with stock grant

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Tevogen Bio Holdings Inc. insider Dr. Ryan H. Saadi reports beneficial ownership of 3,709,567 shares of common stock, representing 59.7% of the class. He holds sole voting power over 3,705,689 shares and sole dispositive power over 1,938,710 shares, with an additional 3,878 shares held with shared voting and dispositive power through his spouse.

On July 10, 2026, Dr. Saadi received a grant of 1,220,000 shares of Restricted Stock as compensation for his service as Chairman and Chief Executive Officer under the company’s 2024 plan. These shares carry voting rights but are non‑transferable and subject to forfeiture, vesting in four equal annual installments beginning on the seventh anniversary of the grant, with full acceleration upon death or disability. The ownership percentage is based on 6,215,107 shares of common stock outstanding as of July 14, 2026.

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Beneficial ownership 3,709,567 shares Aggregate shares beneficially owned by Dr. Saadi, per Amendment No. 3
Ownership percentage 59.7% Percent of Tevogen Bio common stock beneficially owned by Dr. Saadi
Shares outstanding 6,215,107 shares Common shares outstanding as of July 14, 2026 used for ownership calculation
Sole voting power 3,705,689 shares Shares over which Dr. Saadi has sole voting power
Shared voting power 3,878 shares Shares with shared voting power, held through Dr. Saadi’s spouse
Sole dispositive power 1,938,710 shares Shares over which Dr. Saadi has sole dispositive power
Restricted stock grant 1,220,000 shares Restricted Stock granted July 10, 2026 as CEO and Chairman compensation
Restricted stock in voting power 1,766,979 shares Restricted common shares included within sole voting power, subject to forfeiture
Schedule 13D regulatory
"This Amendment No. 3 amends and supplements the initial statement on Schedule 13D"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Beneficially Owned financial
"aggregate number of shares of Common Stock and percentage of the shares of Common Stock beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Restricted Stock financial
"The Reporting Person received a grant of 1,220,000 shares of Restricted Stock on July 10, 2026"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Sole Dispositive Power financial
"Sole Dispositive Power 1,938,710.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Shared Voting Power financial
"The shares of Common Stock reported in rows 8 and 10 consist of shares held by Dr. Saadi's spouse"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
2024 Plan financial
"the Company granted 1,220,000 shares of Restricted Stock to Dr. Saadi pursuant to the 2024 Plan"
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FAQ

What ownership stake does Dr. Ryan Saadi report in Tevogen Bio (TVGN)?

Dr. Ryan Saadi reports beneficial ownership of 3,709,567 Tevogen Bio shares, representing 59.7% of the company’s outstanding common stock. This percentage is calculated using 6,215,107 shares outstanding as of July 14, 2026.

How many Tevogen Bio (TVGN) shares were granted to Dr. Saadi in July 2026?

On July 10, 2026, Dr. Saadi received a grant of 1,220,000 shares of Restricted Stock from Tevogen Bio. The award was issued as compensation for his role as Chairman and Chief Executive Officer under the company’s 2024 equity plan.

What are the vesting terms of Dr. Saadi’s 2026 restricted stock award from Tevogen Bio (TVGN)?

The 1,220,000 Restricted Stock shares vest in four equal annual installments beginning on the seventh anniversary of the grant. Vesting requires continuous service, with full acceleration upon death or disability and forfeiture of unvested shares upon most departures.

How many Tevogen Bio (TVGN) shares are outstanding for calculating Dr. Saadi’s ownership?

Dr. Saadi’s 59.7% ownership is calculated using 6,215,107 Tevogen Bio common shares outstanding as of July 14, 2026. This share count serves as the denominator for the reported beneficial ownership percentage.

What voting and dispositive power does Dr. Saadi report over Tevogen Bio (TVGN) shares?

He reports 3,705,689 shares with sole voting power and 1,938,710 with sole dispositive power. An additional 3,878 shares are held with shared voting and dispositive power through his spouse, reflecting indirect beneficial ownership.

How many restricted Tevogen Bio (TVGN) shares are included in Dr. Saadi’s voting power?

His sole voting power figure includes 1,766,979 shares of restricted common stock that are outstanding and carry voting rights but cannot be transferred and are subject to forfeiture under the award terms.





88165K101

(CUSIP Number)
Ryan Saadi
c/o Tevogen Bio Holdings Inc., Independence Boulevard, Suite #210
Warren, NJ, 07059
877-838-6436

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
07/10/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
The number of shares reported in row 7 includes 1,766,979 shares of restricted Common Stock that are outstanding and therefore carry voting rights but that may not be sold, assigned, transferred, pledged, hypothecated, or otherwise encumbered, subject to forfeit. The shares of Common Stock reported in rows 8 and 10 consist of shares held by Dr. Saadi's spouse. The percent reported in row 13 is calculated based on 6,215,107 shares of Common Stock outstanding as of July 14, 2026.


SCHEDULE 13D


Saadi Ryan H.
Signature:/s/ Saadi Ryan H.
Name/Title:Saadi Ryan H.
Date:07/14/2026