Director Larry Swets buys 50,000 Twin Vee (VEEE) shares in open market
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 bought 50,000 shares at a price of $0.42 per share, increasing his direct holdings to 150,000 shares after the transaction. The filing notes that the trade was made in the open market in accordance with the company’s trading policies.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,000 shares ($21,000)
Net Buy
1 txn
Insider
SWETS LARRY G JR
Role
Director
Bought
50,000 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock | 50,000 | $0.42 | $21K |
Holdings After Transaction:
Common stock — 150,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Twin Vee PowerCats (VEEE) disclose in this Form 4?
Twin Vee PowerCats reported that director Larry G. Swets Jr. made an open-market purchase of 50,000 shares of common stock. The transaction was executed at $0.42 per share and followed the company’s trading policies.
What are Larry G. Swets Jr.’s Twin Vee PowerCats (VEEE) holdings after this transaction?
After the reported transaction, Larry G. Swets Jr. directly holds 150,000 shares of Twin Vee PowerCats common stock. This total includes the newly purchased 50,000 shares disclosed in the Form 4 filing.
Was the Twin Vee PowerCats (VEEE) insider trade an open-market purchase?
Yes, the transaction was an open-market purchase of common stock. The Form 4 classifies it under code P and notes that it was completed in accordance with the issuer’s trading policies.
Who is the insider involved in this Twin Vee PowerCats (VEEE) Form 4 filing?
The insider is Larry G. Swets Jr., a director of Twin Vee PowerCats. He reported a direct ownership position, reflecting an open-market purchase of 50,000 common shares and post-transaction holdings of 150,000 shares.