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Director Larry Swets buys 100K Twin Vee (VEEE) shares in public offering

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SWETS LARRY G JR

(Last) (First) (Middle)
C/O TWIN VEE POWERCATS CO.
3101 S. US-1

(Street)
FT. PIERCE FL 34982

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Twin Vee PowerCats, Co. [ VEEE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common stock 02/23/2026 P 100,000 A $0.47(1) 100,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares of common stock that were issued in a public best efforts offering by the Issuer on the Registration Statement on Form S-1 (File No. 333-292661), which shares were issued at a public offering price of $0.47 per share of common stock. The transaction closed on February 23, 2026.
/s/ Larry Swets, Jr. 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Twin Vee (VEEE) shares did Larry G. Swets Jr. buy and at what price?

Larry G. Swets Jr. bought 100,000 shares of Twin Vee common stock. The shares were issued in a public best efforts offering at a public offering price of $0.47 per share, as disclosed in the Form 4 footnote for the February 23, 2026 transaction.

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.

How many Twin Vee (VEEE) shares does Larry G. Swets Jr. own after this transaction?

After the reported transaction, Larry G. Swets Jr. directly owns 100,000 shares of Twin Vee common stock. The Form 4 indicates his total shares following the February 23, 2026 public best efforts offering purchase at a public offering price of $0.47 per share.

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”).
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Recreational Vehicles
Ship & Boat Building & Repairing
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United States
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