Director Larry Swets buys 100K Twin Vee (VEEE) shares in public offering
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Twin Vee PowerCats, Co. director Larry G. Swets Jr. reported an open-market purchase of common stock. He acquired 100,000 shares of common stock in connection with a public best efforts offering at a public offering price of $0.47 per share. The transaction closed on February 23, 2026, and following this purchase he directly holds 100,000 shares of Twin Vee common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares ($47,000)
Net Buy
1 txn
Insider
SWETS LARRY G JR
Role
Director
Bought
100,000 shs ($47K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock | 100,000 | $0.47 | $47K |
Holdings After Transaction:
Common stock — 100,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Twin Vee PowerCats (VEEE) report on this Form 4?
Twin Vee PowerCats reported that director Larry G. Swets Jr. purchased 100,000 shares of common stock. The shares were acquired in a public best efforts offering at a public offering price of $0.47 per share, with the transaction closing on February 23, 2026.
What type of transaction is reported in the Twin Vee (VEEE) Form 4 for Larry G. Swets Jr.?
The Form 4 shows an open-market style purchase of common stock, coded as a “P” transaction. The shares were issued in a public best efforts offering at $0.47 per share, with the transaction closing on February 23, 2026, and classified as a direct ownership position.
Was the Twin Vee (VEEE) insider purchase part of a public offering?
Yes, the insider purchase was tied to a public best efforts offering by Twin Vee PowerCats. The Form 4 footnote states the 100,000 common shares were issued under a Form S-1 registration statement at a public offering price of $0.47 per share, closing February 23, 2026.
Is Larry G. Swets Jr.’s Twin Vee (VEEE) ownership direct or indirect after this trade?
Larry G. Swets Jr.’s ownership is reported as direct following this transaction. The Form 4 classifies the 100,000 Twin Vee common shares, acquired in the February 23, 2026 public best efforts offering at $0.47 per share, under direct ownership (code “D”).